Unit 4.2 · Types of Trade Protection
Administrative Barriers
AO3
Syllabus Requirement
Non-tariff barriers such as regulations and product standards that can restrict imports and protect domestic industries.
Assessment Objectives
AO3Synthesis and Evaluation
Summary
Administrative barriers are measures implemented by governments to protect domestic industries from foreign competition. These barriers can take various forms, including tariffs, which raise the cost of imported goods, thereby making domestic products more competitive. Understanding these barriers is important in analyzing trade protection and its effects on the economy.