International Trade and Investment
A look at international trade and rules of investment.
A paper that discusses the common forms of tariff and non-tariff aspects to international trade. The paper discusses government subsidies, aid & loans, customs valuation, quotas, standards, licensing arrangements, local legislation, import licenses and foreign-exchange control. The author also looks at barriers to international trade and investment.
“In the interest of a country’s economical activities, the government of a nation has the right to levy multiple barriers to trade. There are two kinds of barriers to trade: 1. Tariff 2. Non- tariff barriers to trade and investments. Both of these methods of hindering trade effect investments as well as trade in general.”