abhishreshthaa

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TARIFF BARRIERS

INTRODUCTION :

Tariffs are extensively used trade barriers. Tariffs refer to the duties/ taxes imposed on internationally traded commodities when they cross the national boundaries. Tariff is tax or import duty on the goods which one nation imports from another.


Tariffs are duties imposed on the goods which are being imported to a country. Tariffs are imposed by an importing country in the form of customs duty. Tariffs operate through price mechanism. This naturally raises the prices of imported goods and there by restricts their sale as well as imports. Such tariffs are imposed by the government of an importing country.


They make the imported goods costlier than the goods available in the local market.

Tariffs are in the form of customs duties, taxes and other levies imposed on the goods imported. They are similar to excise duty but are always on goods imported. The aim is to raise their price, reduce their demand and finally discourage their imports.


It may be noted that such high tariffs are rarely imposed on exports as every country desires to export as much as possible. As result, high tariffs on imports and concessions and subsidies on exports are quit common in large majority of countries.


Tariffs are undesirable as they artificially restrict free movement of goods among the countries of the world. High tariffs make imported goods costly and reduce their imports as such goods cannot compete with the goods manufactured within the country.


Efforts are being made by international organizations such as the WTO and UNCTAD for reducing tariffs. However, tariffs are used by many countries of the world for their protection.


The WTO had provided a forum for negotiating multilateral tariff reductions among the member nations. Tariffs are also brought down due to the negotiation initiated by WTO. Despite such efforts, many tariffs still continue to exist.
 
TARIFF BARRIERS

INTRODUCTION :

Tariffs are extensively used trade barriers. Tariffs refer to the duties/ taxes imposed on internationally traded commodities when they cross the national boundaries. Tariff is tax or import duty on the goods which one nation imports from another.


Tariffs are duties imposed on the goods which are being imported to a country. Tariffs are imposed by an importing country in the form of customs duty. Tariffs operate through price mechanism. This naturally raises the prices of imported goods and there by restricts their sale as well as imports. Such tariffs are imposed by the government of an importing country.


They make the imported goods costlier than the goods available in the local market.

Tariffs are in the form of customs duties, taxes and other levies imposed on the goods imported. They are similar to excise duty but are always on goods imported. The aim is to raise their price, reduce their demand and finally discourage their imports.


It may be noted that such high tariffs are rarely imposed on exports as every country desires to export as much as possible. As result, high tariffs on imports and concessions and subsidies on exports are quit common in large majority of countries.


Tariffs are undesirable as they artificially restrict free movement of goods among the countries of the world. High tariffs make imported goods costly and reduce their imports as such goods cannot compete with the goods manufactured within the country.


Efforts are being made by international organizations such as the WTO and UNCTAD for reducing tariffs. However, tariffs are used by many countries of the world for their protection.


The WTO had provided a forum for negotiating multilateral tariff reductions among the member nations. Tariffs are also brought down due to the negotiation initiated by WTO. Despite such efforts, many tariffs still continue to exist.

Hey abhi, thanks for sharing the information on tariff barriers and i am sure it would help many people. Well, i am also sharing a document with you which will explain about the tariff barrier and its uses. So please download my presentation and check it.
 

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