Difference Between Tariff and Non Tariff Barriers Explain With Examples
Quotas It is a numerical limit on the quantity of goods that can be imported or exported during a specified time period. However it is favoured as an appropriate measure to meet the demand of the country and to protect the industry. Non Tariff Barriers The Institute For Government It is thus one of the example of trade barrier as it hampers the trade between the countries or states. . Tariff barriers can take the form of taxes and duties while non-tariff barriers are in the form of regulations conditions requirements formalities etc. Are charged in different charges. Non-tariff barriers are more devious and take many forms. Until recently China ruled that all avocados coming from countries such as Kenya had to be frozen to -30C and peeled before shipping. 1 a low rate of 0 percent 2 a moderate rate of 10 percent applied to primarily to raw materials and intermediate inputs and also consumer goods 3 a higher rate of 25 perc...