Trade Barriers

Although today’s consumers usually don’t care where the products they buy come from, national governments have traditionally preferred that consumers buy domestically made products in hopes that such purchases would increase the number of domestic businesses and workers. In fact, governments have done much more than hope that you will buy from domestic companies.

Historically, governments have actively used trade barriers to make it much more expensive or difficult (or sometimes impossible) for consumers to buy or consume imported goods. Protectionism is a government’s use of trade barriers to shield domestic companies and their workers from foreign competition.

Governments have used two general kinds of trade barriers: tariff and nontariff barriers. A tariff is a direct tax on imported goods. Tariffs increase the cost of imported goods relative to that of domestic goods.

Nontariff barriers are nontax methods of increasing the cost or reducing the volume of imported goods. There are five types of nontariff barriers: quotas, voluntary export restraints, government import standards, government subsidies, and customs valuation/classification.

[jonah.donohue]

There's actually 3 types of trade barriers. Physical, Tariff and Non-Tariff based

[swisdom]

Hi there!

I'm trying to write an essay about the special economic zones (SEZ), however, I'm having difficulty finding the relevant information. I know you're a very busy person so I pray I'm not asking for a lot here; could you spare 2 minutes of your time and give me a few pointers/answers? The topic goes like this:

"What are some of the barriers to trade that impact Special Economic ZONES (SEZs) and provide some possible solutions to addressing these barriers."

Can you please give me some suggestions? This is for an important essay but I just can't seem to find the information I need online.

[sssstgump]

Thanks, now I have a clear understanding of the subject.


And for the first time im the first to comment haha