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Trade barriers and their effects on international trade

TRADE BARRIERS

obstruct the free flow of goods and services across national borders. imposed on import & export. man made barriers. artificial barriers on trading between different countries.

Usually imposed by importing countries. Trade barriers include fiscal controls and quantitative restrictions.

OBJECTIVES OF TRADE BARRIRES

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EFFECTS OF BARRIERS ON INTERNATIONAL TRADE


EFFECTS OF TARIFF BARRIERS:
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PROTECTIVE EFFECT CONSUMPTION EFFECT REDISTRIBUTION EFFECT REVENUE EFFECT INCOME AND EMPLOYMENT EFFECT COMPETITIVE EFFECT TERMS AND TRADE EFFECT BALANCE OF PAYMENTS EFFECT

EFFECT OF NON TARIFF BARRIERS/ QUOTAS

EFFECTS OF NON TARIFF BARRIERS

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