1 / 4

Commercial Policy

Commercial Policy. Commercial policy refers to any governmental measure that discriminates against foreign suppliers. Arguments for Commercial Policy. To Protect Domestic Industries; To Save Jobs; National Security and Defense; To Protect an Infant Industry; To Raise Revenue for Government;

thibault
Download Presentation

Commercial Policy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Commercial Policy Commercial policy refers to any governmental measure that discriminates against foreign suppliers

  2. Arguments for Commercial Policy • To Protect Domestic Industries; • To Save Jobs; • National Security and Defense; • To Protect an Infant Industry; • To Raise Revenue for Government; • Balance of Payments; • Second-Best Arguments; and • Others

  3. Tools of Commercial Policy • Tariffs; and • Non-Tariff Barriers (NTBs) • Import Quotas; • Voluntary Export Restraints (VERs); • Export Subsidies; • Intellectual Property Rights; • Health and Safety Standards; and • Others

  4. Tariffs A Tariff is a tax levied on imports. Tariffs can be Ad Valorem or Specific. • The Ad Valorem tariff is expressed as a fixed percentage of the value of the traded commodity. • The Specific tariff is expressed as a fixed sum per physical unit of the traded good.

More Related