Trade measures and commodities tariff and non-tariff barriers export Essay

Trade measures and commodities tariff and non-tariff barriers export taxes quantitative measures subsidies consumption taxes the - Essay Example Following is the discussion regarding the impact of measures in an in-depth manner. The aspect of tariffs and non-tariff barriers has been long noted to have a direct impact on the trade sector. In order to understand the impact of these barriers on trade; it is imperative to understand these barriers. Tariff barriers are basically inclinations of taxes which are posed on the products and articles which are imported from other regions of the world. It should be noted that over the years, government has made use of the tariff barriers to control economic activity (Hont). The impact of the tariff barriers can be noted briefly as positive and negative as well. Since these tariffs limit the amount of products to be imported in the country, it is significant for the domestic brands to get maximum reach to the consumers. This makes it easier to note the articles which are more needed in the country rather than overly filling the shelves. But the fact remains that this limit also diverges t he foreign investors to replicate their business in the region (Rawley and Behrendt). On the other hand, non-tariff barriers (NTBs) are notably more limiting when it comes to international trade. The non-tariff barriers undertake a number of generalizations including the licensing of the import, content regulation which is applied till the time it is sent to the market shelves (Klien). Also, technical barriers have also been considered as a more prominent limiting aspect of the NTBs. The trade barriers are merely applied to increase the trade, weaken the trade or restrict the trade. All the mentioned focus of the trade barriers are being observed in the international trading widely (Bowden). The biggest impact which has been noted over the years is that tariff barriers weaken not just the supply and demand pricing but also international trades between different countries. Overall, the border taxes, and other voluntary costs of the imports allows the government to keep a balance betw een the in-house domestic articles as well as international product saturation in the market (Hirschman). The major concern which has been enhanced by the international economic authorities is that the non-trade barriers have merely limit the underdeveloped countries to trade their product for economic activity since the taxes and licensing needs a lot of cost (Ransom). Also, export tax is another trade measure which has a very divergent effect on the trade which totally depends upon the market structure. It should be noted that the positive impact of the export tax on any country’s economy is in terms of domestic production (Hunt). It must be taken under account that if a country has a wider share of the international market with a respective product that it can be easier for it to reflect change on the price of the product in the international market. It is due to the aid of export taxes that these countries can exploit price of a product in the international market. Overal l, it can be said that with the help of export taxes, the export of the tax-imposing nation can be reduced by large (Dunkley). Followed by the above trade measures for limiting import, consumptions tax is just another measure which has marked a quiet