Definition of Nontariff barriers (NTB’s)

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Nontariff barriers (NTB’s)



Nontariff barriers (NTB’s)

The term 'Nontariff barriers (NTB’s) ' as it applies to the area of agriculture can be defined as ' Any restriction, charge, or policy other than a tariff, that limits access of imported goods. Examples of nontariff barriers include quantitative restrictions, mainly import quotas and embargoes; import licenses; exchange controls; state trading enterprises; bilateral agreements; and certain rules and regulations on health, safety, and sanitation. The Uruguay Round Agreement on Agriculture requires conversion of NTBs to bound tariffs and tariff-rate quotas, and that sanitary and phytosanitary measures be based on sound science'.

Previous 5 Terms:
Nonspinning reserve
non-standard shapes
nonstandard units of measure
non-standard units of measurement
Non-stochastic effect
Next 5 Terms:
Nonterritorial communities
nontidal wetlands
Non-uniform flow
Non-Uniform Sky Condition
Non-Uniform Visibility




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.