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Yeah, I thought about this but I honestly don't know enough about how it works e.g. are countries allowed to bar food from coming into a country for not meeting
by scott_w 6y ago
Yeah, I thought about this but I honestly don't know enough about how it works e.g. are countries allowed to bar food from coming into a country for not meeting safety standards even though they've set global tariffs to 0?
My gut says "yes" which is why I decided to shy away from that part.
- rwmj 6y agoYes, those are the famous NTBs (non-tariff barriers). Since tariffs, apart from agriculture, are generally very low nowadays a lot of aim of free trade agreements is about reducing NTBs. https://en.wikipedia.org/wiki/Non-tariff_barriers_to_trade https://en.wikipedia.org/wiki/Non-tariff_barriers_to_trade