Economics, Econometrics and Finance
4 years ago

Trade Barriers Cripple Imports, Hurting Consumers Worldwide

SSRN Electronic Journal
Trade Protection and the Role of Non-Tariff Barriers
Luisa Kinzius, Beata Smarzynska Javorcik, Erdal Yalçin

Paper Summary

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The study looked at how non-tariff barriers (NTBs) affect imports in global trade. NTBs like regulations and standards can reduce imports by up to 12%, similar to anti-dumping duties. Free trade agreements can lessen this impact. Different types of NTBs have varying effects on trade. Measures that happen within a country can also limit market access for importers.