Product standards can have a dual impact on production and trade costs. Standards may impose additional costs on exporters as it may be necessary to adapt products for specific markets (cost-effect). In contrast, standards can reduce exporters' information costs if they convey information on...

Product standards can have a dual impact on production and trade costs. Standards may impose additional costs on exporters as it may be necessary to adapt products for specific markets (cost-effect). In contrast, standards can reduce exporters' information costs if they convey information on...

Product standards can have a dual impact on costs and, thus, on trade. They can impose costs on exporters as it may be necessary to adapt products for specific markets (cost effect). In contrast, standards can reduce exporters' information costs as they convey information on product...