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    Senator Richard Lugar noted in a 1986 article examples of trade barriers in many parts of the world. These included performance requirements that limited trade in Mexico and Brazil, quotas that made it virtually impossible to enter markets like leather in GATT countries, licensing schemes and import controls in most Latin American countries and India, government procurement policies favoring domestic suppliers in Europe, high tariffs in Taiwan and discriminatory tobacco policies, restrictions on U.S. participation in the European market by the EEC, high tariffs on machinery in Canada, and restrictions on foreign ownership and sectors like retail, wholesale and tobacco in South Korea.

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    LECTURE NOTES

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    Senator Richard Lugar noted in a 1986 article examples of trade barriers in many parts of the world. These included performance requirements that limited trade in Mexico and Brazil, quotas that made it virtually impossible to enter markets like leather in GATT countries, licensing schemes and import controls in most Latin American countries and India, government procurement policies favoring domestic suppliers in Europe, high tariffs in Taiwan and discriminatory tobacco policies, restrictions on U.S. participation in the European market by the EEC, high tariffs on machinery in Canada, and restrictions on foreign ownership and sectors like retail, wholesale and tobacco in South Korea.

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    Bit 7

    Uploaded by

    Dagger Santin
    Senator Richard Lugar noted in a 1986 article examples of trade barriers in many parts of the world. These included performance requirements that limited trade in Mexico and Brazil, quotas that made it virtually impossible to enter markets like leather in GATT countries, licensing schemes and import controls in most Latin American countries and India, government procurement policies favoring domestic suppliers in Europe, high tariffs in Taiwan and discriminatory tobacco policies, restrictions on U.S. participation in the European market by the EEC, high tariffs on machinery in Canada, and restrictions on foreign ownership and sectors like retail, wholesale and tobacco in South Korea.

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    9th – Cases of Trade Protectionism

    *Senator Richard Lugar in his article “Balancing Free Trade and Protectionism,” dated

    July 23, 1986, noted examples of trade barriers in many parts of the world:

    Examples of Trade Barriers in Many Parts of the World

     MEXICO AND BRAZIL

    - Maintain performance requirement that limits trade.

     GATT-ILLEGAL QUOTAS

    - On leather and other products make it virtually impossible to enter the market.

     IN MOST LATIN AMERICAN COUNTRIES,

    - Imports are controlled by licensing schemes and the same is done in INDIA.

     IN EUROPE,

    - Government postal and telecommunication agencies procure only from

    domestic suppliers.

     THE AUTHORITIES OF TAIWAN

    - Maintain high tariffs. For example, tobacco monopoly discriminates against

    U.S tobacco exports.

     THE EEC

    - Or the European Economic Community restricts U.S participation in the

    European market.

     CANADA

    - Maintain high tariffs, especially on machinery.

     IN THE REPUBLIC OF KOREA,

    - Foreigners cannot own real estate. They cannot enter in retail or wholesale

    trade. Tobacco products cannot be imported.

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