Technical barriers to trade

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Updated: Aug 20, 2021

Use of domestic product standards and regulations as a means of protection for domestic producers. Creation of technical barriers to trade is prohibited by the Agreement on Technical Barriers to Trade, or the TBT Agreement, of the World Trade Organization. See also trade barriers.

Reference: Oxford Press Dictonary of Economics, 5th edt.



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James Knight
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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.