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Difference between tarrif and non tarrif …

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Difference between tarrif and non tarrif barriers
  • 1 answers

Yogita Ingle 5 years, 11 months ago

Tariff barriers

Non-tariff barriers

These are taxes imposed on the import of goods by a country to protect domestically produced goods.

These are restrictions imposed on the import of goods by a country to protect domestically produced goods.

They are imposed at reasonable prices by member countries of the World Trade Organization.

They are completely abolished (import quotas and voluntary export restraints) by the World Trade Organization. 

More explicit in nature.

Not so explicit (such as sanitary facilities and labour issues).

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