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Daily Mains Answer Writing Practice Question - 21 December 2024

Samyak

December 23, 2024

Paper - GS 3 

Subject - Indian Economy 

Q. What are non-tariff barriers in international trade? Discuss their impact on global trade and suggest measures to address them effectively.

प्रश्न. अंतर्राष्ट्रीय व्यापार में गैर-टैरिफ बाधाएँ क्या हैं? वैश्विक व्यापार पर उनके प्रभाव पर चर्चा करें और उन्हें प्रभावी ढंग से संबोधित करने के उपाय सुझाएँ।

(250 Words)



Strcture of the answer 

Introduction

Begin by defining non-tariff barriers as trade restrictions that do not involve tariffs but still impede international trade.

Body

  • Highlight the impact on global trade like Increased Costs and Uncertainty, Market Access Limitations and Distortion of Global Supply Chains
  • Mention about the measures to address Non-Tariff Barriers 

Conclusion

Briefly summarize the impact of non-tariff barriers on global trade and the importance of addressing them.