meqrs

Navigating Trade Barriers In the realm of international trade, quantitative restrictions (QRs) and measures having equivalent effect on imports (MEQRs) are two terms that often appear alongside each other. While they may seem similar, there are subtle yet crucial distinctions between these two types of trade barriers. Understanding these nuances is essential for businesses and policymakers engaged in international commerce. What are QRs? Quantitative restrictions (QRs) are direct restrictions on the quantity of goods that can be imported into a country....