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As free trade areas have proliferated and statutory tariffs have been dramatically reduced in recent decades, non-tariff barriers (NTBs) to international trade have risen in importance. Destination-specific product standards are one of the major types of NTBs as they impose additional costs on...
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sizes around the world. Raballand and Aldaz-Carroll examine the case of pallets to illustrate the impact of multiplicity of … standards on trade costs. They select this case because pallets are used all around the world, pallet standards are not too … standards, the World Bank's strategy should be divided in two directions: to develop awareness of costs related to the …
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