What Is Price Control?
Price control refers to the enforcement of price-limiting measures for goods or services that are imported or exported. Price control has become a non-tariff trade barrier because a certain limited price raises the price of imported or exported goods or services above a level sufficient to restrict or prevent its imports or exports.
Price control
Right!
- Chinese name
- Price control
- Foreign name
- Price controls
- Solid
- Measures
- Function
- Keep prices stable
- Field
- Enforcement restrictions on imported or exported goods or services
- Price control refers to the enforcement of price-limiting measures for goods or services that are imported or exported. Price control has become a non-tariff trade barrier because a certain limited price raises the price of imported or exported goods or services above a level sufficient to restrict or prevent its imports or exports.
- The price control measures are mainly as follows:
- 1. Various taxes. By regularly adjusting the fees payable when importing goods or services, the CIF import price is raised to a limited level.
- 2. Lowest price limit. That is, the import price determined by the importing country for the import of certain goods or services. Imports below the established import price may be banned or required to pay additional duties or other costs. The minimum price is also called the threshold price.
- 3. Automatic export price constraints. According to the agreement between the importer and the exporter, the exporter assumes the obligation to abide by the minimum price determined in the agreement.
- 4. Anti-dumping and countervailing duties. Anti-dumping duties are levied on products sold in importing countries at prices lower than the domestic market of the exporting country. Anti-dumping and countervailing duties have their own rationality, but they are also very arbitrary in implementation, so they can be easily used to build non-tariff barriers.
- 5. Price survey. The governments of importing countries can also investigate allegations of import prices of certain products or allegations of improper trade by exporting countries. Regardless of whether the results of the investigation are beneficial to the exporting country, the investigation itself has served as a barrier.