Sensitive Products

Sensitive products in Global Commerce Policy

In this regard, a definition of this issue is as follows: these are products more likely than others to encounter import restrictions. Typical examples are many agricultural products, textiles, clothing and footwear, passenger motor vehicles, chemicals and, sometimes, steel. The reasons for the sensitivity surrounding these products are complex. The entries on trade policy are here. It may be the perceived need to protect the traditional occupation of a national minority, as is the case with Japanese tanneries. The entries on trade policy are here. In other cases, technological changes and new investment may lead to lower- cost foreign competitors and an inability by domestic producers to adjust quickly. The entries on trade policy are here. Agriculture, as shown by the European example, is particularly complicated. Traditional political power combined with a vague community perception that the rural population expresses the national spirit and must therefore be preserved, may render any reform of the rural sector a delicate matter. See also Japanese leather and sensitive sectors.[1]

Sensitive productsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Sensitive products” entry (OAS)

See Also