Word: nonquota
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Most infuriating for foreign sellers are Japan's myriad nontariff, nonquota trade barriers, many of which remain firmly in place. One of the most effective hurdles is Japan's all but impenetrable, multi-layered distribution system, largely controlled by the giant trading houses. After the many middlemen take their cuts, the price of a U.S.-made refrigerator passing through the distribution network can cost the consumer up to $1,000. Government "testing" of imported autos has also been a sore point for U.S. and European carmakers, mainly because Japanese standards are often set capriciously. Says U.S. Trade Representative...