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non tariff barriers (NTBs)

1. The ongoing administrative, discriminatory, and ad hoc safeguard actions and practices to protect home industries. Typical NTBs include exclusion orders, standards (requiring, for example, that products admitted to the country meet exact specifications that either cannot be met in the case of some natural products or that are very expensive to meet in case of manufactured products), exclusionary distribution, and administrative delays (for example, when the French decided that the imports of Japanese VCRs were excessive, they simply applied the rules and gave each VCR a complete inspection. The number of VCRs entering the country dropped from thousands to six per day). 2. Any measure, public or private, that causes internationally traded goods and services to be allocated in such a way as to reduce potential real world income.

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