The Economic Effects of Technical Barriers to Trade
Sun Zhong-cai
Abstract
Sun Zhong-cai
Abstract
The effects of technical barrier to trade (TBT) in international marketing is analyzed in economics in this paper.Its starting point is the gravity model,and the focus is the effects of the general technical standards in international trade.The analysis results show that the TBT may increase the capacity of the positive backgrounds in international trade and increase the technical progress for trade on both sides,but,for the side of general technical level lower,TBT may reduce the growth of its domestic market and that of exports.
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The effects of technical barrier to trade (TBT) in international marketing is analyzed in economics in this paper.Its starting point is the gravity model,and the focus is the effects of the general technical standards in international trade.The analysis results show that the TBT may increase the capacity of the positive backgrounds in international trade and increase the technical progress for trade on both sides,but,for the side of general technical level lower,TBT may reduce the growth of its domestic market and that of exports.
Key concepts: Technical barriers to trade, Gravity model of trade, Economics, Trade barrier, International trade, International economics, Point (geometry), Technical standard