What Is a Competitive Product?
Directly-competitive products refer to imported products that are the same as domestic products or have obvious cross-elastic substitution functions. According to the WTO agreement, any contracting party that imports products that are in direct competition with domestic products shall be granted national treatment. The WTO's provisions on the right to national treatment of direct competition products require parties to eliminate hidden non-tariff barriers.
Direct competition
Right!
- Directly-competitive products refer to imported products that are the same as domestic products or have obvious cross-elastic substitution functions. According to the WTO agreement, any contracting party that imports products that are in direct competition with domestic products shall be granted national treatment. The WTO's provisions on the right to national treatment of direct competition products require parties to eliminate hidden non-tariff barriers.