Question

Distinguish between the following:

Tariff and Non-tariff barriers.

Distinguish between Tariff and non-tariff Barriers.

Answer 1

Sr. No.	Tariff Barriers	Non-Tariff Barriers
1.	Taxes or levies applied on imported goods are referred to as tariff barriers.	Import restrictions other than tariffs are known as non-tariff barriers.
2.	To protect the home industry and raise the cost of imported items.	To control imports’ amount, quality, and admission without imposing direct tariffs.
3.	Customs tariffs, import taxes, and export taxes.	Rules, standards, embargoes, import limitations, and licensing requirements.
4.	Lowers the demand for imported goods by raising their price.	Creates procedural and administrative barriers to international trade.