Trade Barriers


One of the most important features of International trading environment is the existence of trade barriers, The main objective of imposing trade barriers are to protect domestic industries from foreign competition, to promote indigenous research and development, to consence foreign exchange resources of the country, to make balance of position favorable, to curt over-consumption, to mobilize revenue for the govt. and to discriminate against certain countries.


There are basically two types of trade barriers:-


  1. Tariff:- Tariffs in International trade refer to the duties/ taxes imposed on internationally traded goods when they cross the national borders.


  1. Non-Tariff Barriers:- NTB’s have grown considerably where the countries describe thus as new protectionist measures the export growth of many countries has been. Seriously affected by NTB’s.


The following two tabs change content below.
We, at, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Leave a reply

Your email address will not be published. Required fields are marked *


* is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp

Log in with your credentials


Forgot your details?


Create Account