11. Glossary
Tariff shield
The tariff shield is a government measure designed to protect consumers from excessive tariff increases. The terms and conditions are laid down in the Finance Act.
Standard
A standard is essentially an agreed way of doing something. Standards are the distilled wisdom of people with expertise in their field who know the needs of the organizations they represent, people such as manufacturers, sellers, buyers, customers, trade associations, users or regulators.
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