Reference no: EM133064402

Assessing Trade Barriers

The ability of firms to market their products in foreign countries is often affected by trade bathers imposed by individual countries. Your assignment is to pick an industry or product and report on the barriers to trade or investment that five countries impose on it. Because the members of the EU have common trade policies, only one of the five countries can be an EU member.

Fortunately, there are numerous sources of useful information available in published form and on the Internet. The Office of the U.S. Trade Representative publishes annually an analysis of trade barriers imposed by other nations titled the National Trade Estimate Report on Foreign Rade Barriers. This study also provides a detailed description of the evolution of current trade conflicts between the United States and its trading partners. The European Commission provides similar information for the EU in the Trade section of its website.

The U.S. Customs Service's website provides information on tariffs imposed by the United States. Other groups, such as the WTO and industry trade associations, also publish useful information.