tariff and non-tariffs barrier
TRANSCRIPT
-
8/2/2019 Tariff and Non-Tariffs Barrier
1/10
TARIFF AND NON-TARIFFS BARRIER
AND
REGIONAL ECONOMIC INTEGRATION
Presented To: Presented By:
Dr.Raj Kumar Gautam MandeepSharma
Roll No-2110MBA_2
-
8/2/2019 Tariff and Non-Tariffs Barrier
2/10
TARIFFS
Tariffs are usually associated with protectionism, a
government's policy of controlling trade between nations
to support the interests of its own citizens
-
8/2/2019 Tariff and Non-Tariffs Barrier
3/10
NECESSITY OF TARIFFS
To protect newly established domestic industries from
foreign competition.
To protect Old and inefficient domestic industries from
foreign competition.
To protect domestic producers from "dumping" by
foreign companies or governments.
To raise revenue.
Equal distribution of the wealth
-
8/2/2019 Tariff and Non-Tariffs Barrier
4/10
TYPES OF TARIFFS
Revenue Tariffs
Ad valorem Tariffs
Specific Tariffs Combined Tariffs
Prohibitive Tariffs
-
8/2/2019 Tariff and Non-Tariffs Barrier
5/10
NON TARIFFS
Non-tariff barriers to trade (NTBs) are trade
barriers that restrict imports but are not in the usual
form of a tariff .
-
8/2/2019 Tariff and Non-Tariffs Barrier
6/10
NON TARIFF BARRIER
Intellectual Property Rights
Embargo
Voluntary Export Restraints
Anti-dumping duties Countervailing duties
Quotas
Standards
State Trading
-
8/2/2019 Tariff and Non-Tariffs Barrier
7/10
Regional Economics Integration
-
8/2/2019 Tariff and Non-Tariffs Barrier
8/10
-
8/2/2019 Tariff and Non-Tariffs Barrier
9/10
BENEFITS
Trade Creation
Foreign Competition
Global Presence of Local Business Political Cooperation
-
8/2/2019 Tariff and Non-Tariffs Barrier
10/10
DRAWBACKS
Trade diversion
Backlash of Globalization
Shift in employment