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Preferred term

nontariff barrier  

Definition

  • One of the few things on which most economists agree is that in the long run, countries will be better off with a free trade regime—that is, unrestricted flow of goods and services among countries. For a variety of reasons, however, many countries choose to discourage unrestricted imports or exports of goods and services. [Source: Encyclopedia of Business in Today's World; Nontariff Barrier]

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URI

https://concepts.sagepub.com/social-science/concept/nontariff_barrier

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