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Business English Exercises
 

Technical Regulations and Standards

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Home > Teaching Business English > Business English Lessons, Advanced Level # 428
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Technical regulations and technical standards acting as non-tariff trade barriers are increasing dangers that developing countries must take seriously, because they can impact on economic efficiency and considerably restrain trade growth.

Correct answer: (a) impact

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There is an increasing awareness of the potential deterrence to trade presented by differences in national technical regulations and standards, and a lack of awareness of the effect that choice of standards might have.

Correct answer: (d) deterrence

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As to most of the regulations and standards which are not yet in accord internationally, the optimal choice for developing countries is to adopt those already used by their major trading partners instead of elaborating their own indigenous standards.

Correct answer: (a) indigenous

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Developing countries should act more forcefully in this arena: a more active and concerted participation in the international standardizing bodies would ensure that new adoptions more closely reflect their needs.

Correct answer: (c) concerted

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If private sector firms participated more actively in the standardization process in the case of voluntary or non-mandatory standards, it would probably ensure that this happens de facto.

Correct answer: (a) facto

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Compliance with a requirement to create a national viewpoint would encourage officials of developing countries to put into practice a system of national standards information gathering which would benefit both local and foreign producers and exporters.

Correct answer: (d) practice

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Collecting and systematizing this information would also oblige countries to become more aware of the choices regarding standards development which they make and impose on their private sector.

Correct answer: (c) oblige

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In terms of trade facilitation and liberalization, developing countries should push actively for more liberalization in the two major regional integration initiatives, the FTAA and APEC.

Correct answer: (b) push

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This is because two major experiments in regional integration, NAFTA and the EU, have shown results that go much further in requiring convergence or harmonization of national standards and technical regulations.

Correct answer: (c) convergence

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In general, regional approaches to removing technical trade barriers have contributed to liberalization within the region and also vis-a-vis third countries.

Correct answer: (d) vis-a-vis

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