7/29/2019 394714_634097739882738750

1/16

7/29/2019 394714_634097739882738750

2/16

TARIFF

A tariff is a tax imposed on goods

involved in International Trade.

7/29/2019 394714_634097739882738750

3/16

Tariff

Export

Tariff

Import

Tariff

Transit

Tariff

7/29/2019 394714_634097739882738750

4/16

Export Tariff are the taxes that are

levied on goods when they leave the

country.

Import Tariffare the taxes on the goodswhich are imported.

Transit Tariff are the taxes which are

imposed on the goods as they passthrough one country bound for another.

7/29/2019 394714_634097739882738750

5/16

NON-TARIFF

Any government regulation, policy, or

procedure other than a tariff that has a

effect of restricting international trade or

effecting overseas investment becomesa non tariff barrier.

7/29/2019 394714_634097739882738750

6/16

Non Tariff

Quotas Subsidies EmbargoCurrencyControls

Local ContentRequirement

s

Product &Testing

Standards

7/29/2019 394714_634097739882738750

7/16

Quotas

Quotas refers to numerical limits on the

quantity of goods that may imported or

exported by the country.

7/29/2019 394714_634097739882738750

8/16

Types of Quotas

Quotas

Tariff

Quotas

Mixing

quotas

Voluntary

Quotas

7/29/2019 394714_634097739882738750

9/16

Tariff Quotas

It combines the feature of tariff as well

as quota. Under a tariff quota imports of

a commodity up to a specified volume

are allowed duty free or at a special lowrate but any imports in excess of this

limits are subject to duty or a higher rate

of duty.

7/29/2019 394714_634097739882738750

10/16

MIXING QUOTAS

Under this quota the producers are

obliged to utilize the domestic raw-

materials up to a certain proportion in

the production of the finished goods.

7/29/2019 394714_634097739882738750

11/16

VOLUNTARY QUOTAS

oA voluntary quota is a formal agreement

between nations or between a nation and an

industry. This agreement usually specifies

the supply of product and volume.

7/29/2019 394714_634097739882738750

12/16

SUBSIDIES

A Subsidy is a government payment to adomestic producer. Subsidies takeseveral forms such as , cash grants ,

low-interests rates, tax breaks, andgovernment equity participation in localfirms. By lowering the costs, subsidieshelp domestic producers in two ways:-

they help them compete low-cost foreignimports and gain access to exportmarkets.

7/29/2019 394714_634097739882738750

13/16

EMBARGO

It refers to a complete ban on trade

(import or export) in one or more

products with a particular country. It may

be placed on one or more goods orcompletely ban trade in all goods. It is

the most restrictive non-tariff trade

barrier.(it can also be termed asabsolute quota)

7/29/2019 394714_634097739882738750

14/16

CURRENCY CONTROLS

Currency control refers to restrictions on

the convertibility of currency into other

currencies.

7/29/2019 394714_634097739882738750

15/16

LOCAL CONTENT

REQUIREMENTS

Local Content Requirements refers to

the legal stipulation that a specified

amount of a good or service be supplied

by producers in a domestic market.

7/29/2019 394714_634097739882738750

16/16

PRODUCT & TESTING

STANDARDS

This non-tariff barrier requires that

foreign goods meet a countrys domestic

product or testing standards before they

can be offered for sale in that country.