TRADE BARRIERS (1).ppt - TRADE BARRIERS At the end of this...

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TRADE BARRIERSAt the end of this module, the learningoutcomes are:What are trade barriersVarious types of trade barriersVarious types of non-trade barriers1
TRADE BARRIERSSuggested readingsInternational businessbyCzinkota, Chapter 32
3TRADE BARRIERSAt the end of this module the learningoutcomes areWhat are trade barriers?Types of trade barriers?
4TRADE BARRIERSWe all want free tradeIn reality it is notWhyNations discourage free tradeTrade barriers
5TRADE BARRIERSDefinitionGovernment laws, regulations, policies orpractices that either protects domesticproducers from foreign competition orartificially stimulate exports of particularproduct.
6TRADE BARRIERSTwo typesTariff barriersNon-tariff barriers
7TRADE BARRIERSTariff barriersImposing duties on import/exportsNon-tariff barriersCan be of various categories
8TRADE BARRIERSTypesImport policiesStandards, testingGovernment procurementExport subsidiesLack of intellectual property protectionService barriersInvestment barriersOther barriers
9TRADE BARRIERSReasonsWhy discourage free tradeProtection to local industryRestrict entry of foreign players

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