TARIFF AND TECHNICAL INTERNATIONAL TRADE MEASURES: A LOOK AT ADVANCED AND EMERGING COUNTRIES

Abstract

This study evaluates the adoption and impact of tariffs and technical measures for emerging and advanced countries. The results showed that tariffs are considerably higher in emerging countries, but the negative effect of these tariffs is more intense for advanced countries. With regard to technical measures, the ones that requires changes in the product tend to be facilitating trade, while that demanding changes in the production process have shown mixed results. Thus, despite the elevation of production costs, technical measures can facilitate trade due standardization, which makes universal harmonization of standards and regulations a benefit possible with broad international dialogue.