Abstract
Gains of international trade are largely based on the absence of trade restrictions among trading countries. The perceived advantage of a steady decrease in tariffs worldwide was unfortunately progressively replaced by non-tariff measures (NTMs) globally. The impact of these NTMs is, however, not exactly clear as it appears in sometimes a much disguised manner. NTMs seem to be very important in limiting the flow of imports to trading countries, although accurately measuring the effects of it is fairly difficult. The purpose of this article is to estimate the impact of NTMs on the volume of trade in Mauritius. The 20 major export destinations of Mauritius are analyzed to determine the impact of tariffs and NTMs on the exports from Mauritius. Using the trade freedom scores as proxy for trade restrictions, it has been established that Mauritius’ volume of export flows are much lower due to the NTMs applied by its importing trading partners.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
