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4.1.6 Restrictions on free trade
b) Types of restrictions on trade
Non-tariff barriers
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sahara
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Cards (9)
What are some less obvious methods to create barriers to trade besides tariffs, quotas, and subsidies?
Health and safety
regulations
, product
specifications
,
environmental
regulations, and product labeling
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How did the EU's 2017 health regulation regarding aflatoxins affect trade?
It effectively blocked the import of
southern hemisphere
nuts
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What specific health regulation was implemented by the EU in 2017?
A regulation regarding the permitted level of
aflatoxins
in nuts
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Why did Canada specify a certain size of jar for imported jam?
Many countries do not usually manufacture jars in the
required
size
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What was the purpose of the new regulations in the EU and USA in November 2021?
To limit the amount of imports of
'dirty steel'
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What is 'dirty steel' primarily produced from?
Coal-fired power stations
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Which country predominantly produces 'dirty steel'?
China
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How can product labeling affect firms' market decisions?
It can be
expensive
and may limit their desire to sell into certain markets
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What are the various strategies to create barriers to trade?
Health and safety regulations
Product specifications
Environmental regulations
Product labeling
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