Posted by Kavita Rathore 1 month, 2 weeks ago
1. With tariffs the Government receives the revenue whereas no revenue is received by the Government by applying non-tariff measures.
2. Non-tariff measures protect the procedures and make them feel more secure than under a tariff. But incentives are not there under tariffs.
3. In tariff customer’s classification and valuation procedures pose a problem before the customs authorities. Where-as under non-tariff measures no such problem arises.
4. Non-tariff barriers to trade induce the domestic producers to form monopolistic organisations with a view to keeping output low and prices high. This is not possible under import duty.
Posted by Satwik Dhuria 1 month, 3 weeks ago
Subscribe complete study pack and get unlimited access to selected subjects. Effective cost is only ₹ 12.5/- per subject per month. Based on the latest CBSE & NCERT syllabus.
Create papers in minutes
Print with your name & Logo
Download as PDF
3 Lakhs+ Questions
Based on CBSE Blueprint
Best fit for Schools & Tutors
No software required, no contract to sign. Simply apply as teacher, take eligibility test and start working with us. Required desktop or laptop with internet connection