A nontariff barrier (NTB)is a hidden trade barrier which is a deterrent or obstacle to the sale of products in a foreign market.

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A nontariff barrier (NTB) is indeed a hidden trade barrier that can include regulations, licensing requirements, quotas, subsidies, and other obstacles that can restrict or impede the import or export of goods and services. Unlike tariffs, which are direct taxes on imports, NTBs are more subtle and can be difficult to identify and place a cost on, making them challenging to address in trade negotiations.

A Nontariff Barrier (NTB)is a Hidden Trade Barrier Which Is