Nontariff barriers

From CNM Wiki
Revision as of 17:04, 2 June 2020 by Kevmwangi (talk | contribs) (Created page with "Nontariff barriers is when all the other ways a nation can draw up rules, regulations, inspections, and paperwork to make it more costly or difficult to import products....")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Nontariff barriers is when all the other ways a nation can draw up rules, regulations, inspections, and paperwork to make it more costly or difficult to import products.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Nontariff barriers. All the other ways a nation can draw up rules, regulations, inspections, and paperwork to make it more costly or difficult to import products.