10 papers analyzed
These studies suggest that non-tariff barriers significantly affect foreign trade by reducing imports, impacting international trade negatively, and influencing domestic policies and market competition.
17 papers analyzed
Non-tariff barriers (NTBs) are regulatory measures other than tariffs that countries use to control the amount of trade across their borders. These measures can include quotas, import licensing, standards, and other regulations that can affect international trade. This synthesis aims to analyze the impact of NTBs on foreign trade based on multiple research papers.
Non-tariff barriers significantly affect foreign trade by reducing imports, imposing additional costs, and creating obstacles for specific sectors. While they can negatively impact international trade, they also drive domestic innovation and competitiveness. NTBs are diverse and prevalent, particularly in developed countries and trade-sensitive sectors. Despite their challenges, firms often find ways to manage these barriers, and in some cases, NTBs can protect domestic employment and wages. Overall, NTBs play a crucial role in shaping international trade dynamics.
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