Flashcards in International Trade And Access To Markets Deck (5)
License issued by a national government authorising the importation of goods from a specific source
Set a physical limit on the quantity of goods that can be imported into a country
Grants/allowances usually awarded to domestic producers to reduce their costs ad make them more competitive
Voluntary export restraints?
Diplomatic strategy offered by the exporting country to appease the importing country and deter it from imposing trade barriers