How Hidden Protectionism Impacts International Trade

Tariffs are the most visible instrument for protecting domestic companies against foreign competition. So-called non-tariff barriers to trade (NTBs) are less visible. NTBs include import quantities, registration formalities for imports or state aid for domestic suppliers. This study, published by the Global Economic Dynamics project of Bertelsmann Stiftung shows that NTBs implemented worldwide between 2010 and 2015 have been responsible for roughly 16 percent of the decline in global trade.