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Topic: Business
Number of pages / Number of words: 15 / 4165
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They are the means of keeping the foreign goods out of domestic market while abiding by the multilateral agreements that the country has signed through the WTO (World Trade Organization).

Various type of Tariff barriers in international trade

Tariff can be expressed in absolute or in relative terms, they may be discriminatory or non-discriminatory, they can be imposed on imports or on export, and they may be promoted by consideration of revenue or protection to domestic industries...


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Among them several are discussed in bellow:

Specific Tariff: Specific tariff are those which are assessed on the basis of the physical weight of the product which is imported. They are expressed in absolute term of dollar and cent per unit.

Ad valorem Tariff: Ad valorem is a Latin word which means “on the value” when duty is levied on the basis of the value of the product measured by the money price that is called ad valorem tariff...


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General points of the essay

world trade organization Benefits of the world Trade Organization World Trade Organization and Its Critics China and the World Trade Organization Explain why the theory of comparative advantage is the basis for international trade (mutual benefit from trade). Genetically Modified Organisms and the World Trade Organization Write A Note On The Structure Of World Trade Organization Fdi Trade Agreements Of South Africa Involving Europe World Trade Organization, Doha: Will Doha Finally Come To A Agreement? Foreign Direct Investment And Foreign Trade Regimes Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi... Environmental Considerations Affecting Trade in Agriculture and Agro Industrial Goods within the ARAB Region. Foreign trade “Foreign Trade Balance” Vietnam'S Foreign Trade Development Issues:

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