Number of Words : 2112
Number of References : 7
This paper seeks to make a comparative research analysis of trade restrictions in various countries. Such trade restrictions are concerned with barriers to trade, that certain governments promote in order to safeguard their domestic producers (and sometimes consumers too) against international competitors or trade practices, which the government deems unfit for the internal environment of the economy. For the purpose of this study, we will consider the case of the Indian subcontinent, which majorly harbours the nation of India, Pakistan, Sri Lanka, Nepal and Bhutan. The paper will study the restrictions to international trade in these countries with a special focus on emphasising the key issues in developing nations; and the relation between these countries with each other, in context of international trade. Some of the major points, on basis of which this study will analyse the trade restrictions in these economies, are tariffs, import quotas, voluntary export restraints, health and safety regulations and subsidies, among others.
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AKey : E-18494