non-tariff barrier

non-tariff barrier
  a covert restriction to imported goods. Governments may not wish to be seen to restrict trade but can do so by introducing regulations, such as product labeling laws, which make it more difficult and more expensive for overseas producers to operate in the market.

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  • non-tariff barrier — UK US noun [C] (ABBREVIATION NTB) ► ECONOMICS, COMMERCE a method of limiting imports without charging a tariff (= a tax on goods coming into a country): »NTBs such as health and safety requirements or technical barriers can be important obstacles …   Financial and business terms

  • non-tariff trade barrier — A non monetary barrier to a foreign product or service, such as a bias against a foreign company s product standards or a rejection of a foreign country s political record …   Big dictionary of business and management

  • barrier — UK US /ˈbæriər/ noun [C] ► something that prevents something else from happening or makes it more difficult: barrier (to sth) »In an ideal world, there would be no barriers to the free movement of people between countries. → See also NON TARIFF… …   Financial and business terms

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  • Trade barrier — A trade barrier is a general term that describes any government policy or regulation that restricts international trade. The barriers can take many forms, including the following terms that include many restrictions in international trade within… …   Wikipedia

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  • NTB — UK US noun [C] ► ECONOMICS ABBREVIATION for NON TARIFF BARRIER(Cf. ↑non tariff barrier): »NTBs were recognized as a difficult area, with previous attempts at negotiating a global approach having failed …   Financial and business terms

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