A nontariff barrier is a way to restrict trade using trade barriers in a form other than a tariff. Nontariff barriers include quotas, embargoes, sanctions, and levies. As part of their political or economic strategy, some countries frequently use nontariff barriers to restrict the amount of trade they conduct with other countr
Key Takeaways
- A nontariff barrier is a trade restriction–such as a quota, embargo or sanction–that countries use to further their political and economic goals.
- Countries usually opt for non tariff barriers (rather than traditional tariffs) in international trade.
- Nontariff barriers include quotas, embargoes, sanctions, and levies.
