Expenditure Switching is a policy intended to divert an existing level of expenditure from one outlet to another, often through tariffs or import quotas to favor home-produced goods.
IMF Quotas are the capital subscriptions, or financial contributions, made by member countries to the International Monetary Fund. These quotas determine a country's financial commitment, voting power, and access to financing.
An overview of the principle of National Treatment in trade agreements, ensuring foreign firms' products are treated equally to domestic firms' products after border measures.
Non-tariff barriers (NTBs) are trade restrictions that countries use to control the amount of trade across their borders without imposing traditional tariffs.
An in-depth look at the concept of quota rent, its definition, calculation, examples, historical context, and its implications in international trade and economics.
The portion of a member country's required quota that can be accessed without conditions, within the International Monetary Fund (IMF) framework.
Understanding Strategic Trade Retaliation in International Economics: Causes, Mechanisms, and Implications
An extensive overview of trade barriers including their types, impact, and historical context, as well as examples and related terms.
Explore the concept of Free Trade, its implications, historical context, and frequently asked questions.
A comprehensive guide on protectionism, exploring its various types, significant examples, and the impacts of trade protection measures on domestic and international economies.
A detailed exploration of quota and protectionism, encompassing government-imposed trade restrictions that limit the number or value of goods imported or exported during a specific timeframe.
