Daily Mains Answer Writing Practice Question - 21 December 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)

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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.