What is the d/t b/n tariff and non tariff trade barriers?

Answer 1

Tariff barriers are taxes or duties imposed on imports by a country's government. They are used to protect domestic industries by making imported goods more expensive, thus reducing their competitiveness. Non-tariff barriers, on the other hand, are measures that restrict trade without imposing a direct tax. Examples of non-tariff barriers include quotas, licensing requirements, technical barriers to trade, and other regulations that make it difficult for foreign businesses to access a country's market. The main difference between tariff and non-tariff barriers is that tariffs are a direct tax, while non-tariff barriers are more indirect regulatory measures.

Answer 2

What is international marketing?

Answer 3

International marketing is the process of promoting and selling products or services to people in different countries. It involves understanding the cultural, economic, legal, and political differences between countries and adapting marketing strategies accordingly. International marketing requires companies to conduct market research, develop a global marketing plan, and make decisions about pricing, promotion, distribution, and product design. It also involves developing partnerships with other businesses, managing logistics and supply chains, and navigating the complexities of international trade regulations and agreements. The goal of international marketing is to maximize sales and profits in foreign markets while building brand awareness and loyalty across different cultures and languages.