This article throws light upon the two main types of trade barriers. The types are: 1. Tariff Barriers 2. Non-Tariff Barriers. Trade Barrier: Type # 1. Tariff Barriers: These barriers are meant for price protection of the domestic industry. It is imposed in any of the following three forms or a combination of them: Ad Valorem Duties: It is a [...]
After reading this article you will learn about:- 1. Introduction to Trading Blocks 2. Formation of the Trading Blocks 3. Review of Selected Trading Blocks. Introduction to Trading Blocks: Geographical proximity and common interests are the two reasons for nations to come together and form a community having mutual respect and responsibility for each other's interests. Geographical proximity is the [...]
After reading this article you will learn about:- 1. Introduction to Global Strategy for Markets 2. The Need Factor 3. The Investive Phase 4. Prospecting 5. Product Approach. Introduction to Global Strategy for Markets: The domestic markets are the most protective one here the markets and the logistics can be controlled directly and indirectly with much ease, the problem arises [...]