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The measures which are used other than
tariffs to the restrict imports get collectively
referred to as non-tariff barriers.
These are direct measures of import
restrictions.
The setting up if GATT and WTO led to
progressive reduction in tariffs.
The non-tariff barriers include a cafeteria of
Trade barriers
LICENSES
License is the most common
instruments of direct regulation of
imports are licenses and quotas.
At most all industrialized countries
apply there Non-Tariff methods
The license system requires that a
state issue permits for foreign trade
transactions of import and export
commodities included in the lists of
licensed merchandises
Quotas
A quota is a limitation in value or in physical
terms, imposed on import and export of certain
goods for a certain period of time.
It is also an important instrument to restrict
trade as far as Non-Tariff barriers are
concerned .