Question
Distinguish between the following:
Tariff and Non-tariff barriers.
Tariff and Non-tariff barriers.
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Tariff barriers
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Non-tariff barriers
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(i)
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It refers to thr tax imposed on the imports by the county to protect its domestic industries.
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It refers to the restriction other than taxes. imposed on imports by the country.
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(ii)
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It included custom duties, export - import duties.
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It includes quotes and licenes.
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(iii)
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It is imposed on the physical units (like per tonne) or on value of the goods imported.
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It is imposed on the quantity and quality of the goods imported.
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