Nontariff barriers include product standards,testing or approval procedures,subsidies for local products,and bureaucratic red tape.

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Nontariff barriers refer to any trade barriers other than tariffs, such as product standards, testing or approval procedures, subsidies for local products, and bureaucratic red tape. These barriers can make it difficult or costly for foreign companies to compete in a domestic market.

Nontariff Barriers Include Product Standards,testing or Approval Procedures,subsidies for Local