Due to the recent global economic depression, especially the US
subprime mortgage crisis in 2008 and the European sovereign debt default in
2016, Taiwan’s economy was threatened. Exports and imports were declined after
the worldwide economic fluctuations, the trade in Taiwan was weakened. In this
paper, we attempt to determine the cause of threats to trade and the main trade
barrier in Taiwan. We examine several possible solutions for trade barriers in
Taiwan via the Delphi technique and the Analytic Hierarchy Process,
synthesizing judgements from experts. We aimed at exploring solutions for the
trade barriers in Taiwan. We concluded that there are three main elements to
eliminate trade barriers and increase the development and competitiveness of
products in Taiwan, which we label separately, “The Solution Mechanism for
Disputes with the WTO,” “Bilateral trade negotiations,” and “Market commodity
development.” The empirical results point out that lessening trade obligations
through bilateral consultancy is the predominant main criteria, and producing
products that meet national inspection standards and negotiating unreasonable
trade requirements between countries through the WTO are important
sub-criteria. Most notably, bilateral trade negotiations and negotiating
unreasonable trade requirements between countries through the WTO correspond
with trade policies implemented by many countries.
JEL classification numbers: C02, F13, F14, F15.
Keywords: Trade barriers, Bilateral trade negotiations.