Th4.1: ^^^ Non-tariff Barriers

Question 1

Countries can introduce an embargo which is…

Answer 1

a total ban on imported goods

Question 2

They can introduce import licensing for when…

Answer 2

when countries/firms need a license to be able to import - by reducing the number of licenses they give out, the government can restrict the level of imports

Question 3

What does the use of legal and technical standards mean?

Answer 3

that some products cannot be sold in the country, e.g specific specifications can be imposed for goods

Question 4

On top of this, countries can use voluntary export restraint agreements where…

Answer 4

where they agree to limit the volume of exports to one another over an agreed period of time to allow domestic producers to grow and establish

Question 5

What are the four non-tariff barriers?

Answer 5

embargo
import licensing
legal and technical standards
voluntary export restraint agreements