Question

What are some various non-tariff barriers of entry countries often place to keep out imports?

What are some various non-tariff barriers of entry countries often place to keep out imports?

Homework Answers

Answer #1

Both Tariff and Non-Tariff methods used in the reducing the importing the goods. The Tariff and Non-Tariff are used to on the basis of economic, emotional, cultural, political grounds.

Non Tariff Barriers.

  • Domestic Subsidy to domestic industries.
  • The encouragement of domestic production for import substitution.
  • Nationalist views promotion based on emotional grounds like self-sufficiency, Protect homemade goods etc.

These are the main barriers tot he importing goods in the economy.These are some factors or tool works importing the goods.

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