non-tariff barriers to trade


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Non-tariff barriers to trade
Non-tariff barriers to trade (NTBs) or sometimes called "Non-Tariff Measures (NTMs)" are trade barriers that restrict imports, but are unlike the usual form of a tariff; And Tariff Barriers restricts Exports. Some common examples of NTB's are anti-dumping measures and countervailing duties, which, although called non-tariff barriers, have the effect of tariffs once they are enacted. Example of Tariff Barrier is Export Duty.

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