Export Standards and Protectionism in Global Trade: Do all “standards” have “protectionist” intention? A theoretical study
Gokhale Institute of Politics and Economics (GIPE), Pune (India)
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This paper looks into the reasons behind the imposition of export standards by importing country which is an inevitable feature of global trade today. The number of export standards and regulations adopted by different countries has risen significantly over the years. This may be attributed to rising awareness among people towards safer and hygienic products which should be environmentally sound also. But in spite of their necessity, imposing export standards is often looked upon as a means of restricting trade and classified under non tariff barrier or NTB.As norms and standards usually apply to national and foreign production, they do not correspond to the classical form of protectionism which openly discriminates against imports. ...