Nobody downloaded yet

Non tariff barriers to trade in IT products - Essay Example

Comments (0) Cite this document
Summary
Conformity assessment is an activity conducted by governments to ensure that products that are brought into countries under their jurisdiction have fulfilled all the required standards. This is normally done in a bid to ensure that only products of the best quality enter the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Non tariff barriers to trade in IT products
Read TextPreview

Extract of sample "Non tariff barriers to trade in IT products"

Download file to see previous pages Government regulation is essential because it is the only authority responsible in making sure that mechanisms that have been put in place to prevent new trade barriers are closely monitored. Conformity assessment is a tool used by governments in such a way as to allow the free movement of goods while at the same time making sure that the goods comply with set standards. During such assessments, only goods that comply with provisions concerning standards of a specific country are allowed into its markets and those that do not are sent back to their manufacturers for correction. In most cases, conformity assessments are done on a regular basis and it is required that these assessments be carried out according to the legislation that has been passed within a country. The government is therefore tied by these legislations and it cannot go beyond them when inspecting goods for conformity because to do so might result in serious legal action from the manufacturer.
Manufacturers are also obligated to ensure that the products that they design and manufacture are done in a way that they conform to the requirements needed by the government. The need to ensure that products conform to requirements is supposed to motivate manufacturers to produce only the best products that they can because they have to be in line with legislation concerning technical harmonization (Reynolds 2009, p.21). Conformity assessment is a course of action that is taken before a product is allowed into the market and this is a procedure that is designed to ensure that it fulfils all necessary requirements. Legislations concerning this procedure are enforced by governments in such a way that it is performed in a manner that follows technical procedures as is specified in the specific legislation. Under normal circumstances, manufacturers are required to choose from among different procedures of conformity in a bid to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Non tariff barriers to trade in IT products Essay”, n.d.)
Non tariff barriers to trade in IT products Essay. Retrieved from https://studentshare.org/business/1672151-non-tariff-barriers-to-trade-in-it-products
(Non Tariff Barriers to Trade in IT Products Essay)
Non Tariff Barriers to Trade in IT Products Essay. https://studentshare.org/business/1672151-non-tariff-barriers-to-trade-in-it-products.
“Non Tariff Barriers to Trade in IT Products Essay”, n.d. https://studentshare.org/business/1672151-non-tariff-barriers-to-trade-in-it-products.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Non tariff barriers to trade in IT products

Definition

3 Pages(750 words)Essay

World Industry. Trade Barriers as measured by the MFN (Most Favored Nation) applied tariff rates

...? Industry Analyses World Industry Trade Barriers as measured by the MFN (Most Favored Nation) applied tariff rates When we look at trade in clothes washing machines in the world, Issues to do with access to the international markets have been and remain one of the most important things that are on the multilateral trade system’s agenda. Prohibitions on import of these washing machines have the purposes of promotion of competition, health, security, safety, and environmental safety. There are bans put on importing used machineries in many countries and where this ban is not in effect, seriously huge tariffs are imposed on these machinery. The use of tariff concessions and exemptions is simply an industrial policy tool to safeguard... a...
11 Pages(2750 words)Essay

Non-Tariff Barriers in South Korean Automobile Market

...Non-Tariff Barriers in South Korean Automobile Market Abstract Recent South Korea-United States FTA (KORUS FTA) renegotiations concerning an automobile industry trade issue can be regarded as a result of aggressive regionalism which represents a series of age-old bilateral trade conflicts and difficulties of solving problem in a whole scale manner between the two long-time allies. In spite of their efforts to mitigate the conflicts, the recent global financial crisis and the bankruptcy that U.S. automobile industry experienced have made it even harder to mutually ratify the treaty. Under these cir¬cumstances, U.S car manufacturers, while concerning about...
36 Pages(1750 words)Essay

Tariffs and Non-Tariffs Barriers

...the exports. Control of imports is done through tariffs and non-tariffs barriers, which are part of global financing and exchange rates. A tariff is a form of trade barrier imposed on goods imported in that particular country by the government of the same nation in from of a tax (Saranovic, 2006). The tariff imposed, adds to the cost of the imported goods and can be adjusted at any given time. Such adjustments are meant to protect locally manufactured products from unhealthy competition from cheap imports. Tariffs come in two types; ad valorem and specific (Hill, 2004)....
4 Pages(1000 words)Research Paper

Trade measures and commodities tariff and non-tariff barriers export taxes quantitative measures subsidies consumption taxes the

...which is coming in the way of reform. Following is the discussion regarding the impact of measures in an in-depth manner. The aspect of tariffs and non-tariff barriers has been long noted to have a direct impact on the trade sector. In order to understand the impact of these barriers on trade; it is imperative to understand these barriers. Tariff barriers are basically inclinations of taxes which are posed on the products and articles which are imported from other regions of the world. It should be noted that over the years, government has made use of...
5 Pages(1250 words)Essay

Trade Barriers

...member countries to reduce or eliminate trade barriers and tariffs among them. However in such cases member nation are not bound to have a common external trade policy for non member countries. A prime example of this is the North American Free Trade Agreement (NAFTA) comprising of the United States, Canada, and Mexico. When members of an FTA decide to have a common external policy with a non member nation, group of nations or even with another FTA it upgrades itself to a Custom Union. The EEC became a Custom Union when its members opted to have a common external policy towards non member nations. But...
8 Pages(2000 words)Essay

Tariffs, Quotas and Non-Tariff Trade Barriers

... tariffs, quotas and non-tariff trade barriers To protect the agriculture and other infant home industries, stimulate import substitution, encourage foreign direct investment and due to other balance of payment reasons governments of home country impose certain trade barriers. According to Economy Watch, “Trade barriers aim to hike the prices of imported products in order to secure the domestic industry against fierce competition from foreign products.(“ Trade Barriers”)” Major trade...
2 Pages(500 words)Research Paper

South Korean Automobile Market - Non-Tariff Barriers

...production in the same period ranked as the fifth in the world (OICA, 2010). Such figures represent us a concept of the importance and strength of automobile industry in two countries. To evaluate the role of the automobile sector in the future trade between S. Korea-U.S in more detail, it is worthwhile to illustrate the historical patterns of S. Korea’s and U.S’s specialization in automobile trade (Schott and Jeffrey, 2010). When compared to other partners that the U.S. has engages in Free Trade Agreements, Korea is only one of its kind in the both the intensity and the scope of its use of Non Tariff Barriers...
36 Pages(1750 words)Essay

Barriers to trade

...TRADE BARRIER al Affiliation USA and the WTO In the perspective of the US tariffs, there has been an ongoing legal battle between the US and China regarding the trade policies since the year 2006. The two countries have been trying to use the WTO dispute settlement system as the main forum for settling the dispute (Bown, 2002). This is despite the talks that took place during the Doha Development Round of the WTO as well as the increased WTO litigation. It is reported that there have been signs that the relationship between the two countries is increasingly deteriorating (Bown, 2002). In the period of September 2009, the Chinese government filed an economic complaint with...
4 Pages(1000 words)Case Study

Two main barriers: tariffs and non-tariff barriers

...International Trade al Affiliation) International Trade: Tariffs and Non-Tariff Barriers In the contemporary world, industries are expanding globally to venture into international markets. However, some countries place trade barriers to place restrictions to the extent in which foreign goods may enter the domestic market. For example, India adopted import-substitution ethos as early as 1950 in an effort to build the economy (Stern, 2009). It placed stringent trade restrictions that served a fundamental role in industrialization. Such trade restrictions may take the form...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Non tariff barriers to trade in IT products for FREE!

Contact Us