Tag: Tariffs
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Compound Tariff
Compound Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Compound Tariff: A combination of a specific duty and an ad valorem tariff on the same imported item (e.g., $100 per […]
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Revenue Tariff
Revenue Tariff and International Trade Resources See Also tariff
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General Tariff
A tariff schedule in which a single rate of duty applies to a given commodity irrespective of the country of origin. A general tariff makes no provision for preferential duties….
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Protective Tariff
Spanish Translation of protective tariffThis is the legal translation of English to Spanish in relation to protective tariff and / or a definition of this topic: Bonificación Arancelaria (in Spanish, without translation of the dictionary entry).
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Request Approach
Request/Offer Approach and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Request/Offer Approach: A tariff negotiating procedure whereby specific requests (e.g., cuts of a specified […]
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Double Column Tariff
Double-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Double-Column Tariff: A tariff schedule listing two duty rates for some or all commodities. In any given case, the […]
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Reduction
Linear Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Linear Reduction: A tariff negotiating procedure based on reduction of tariffs by a specified percentage on an entire […]
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Single-Column Tariff
Single-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Single-Column Tariff: A tariff schedule specifying only one rate of duty for each imported commodity.
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Formula Approach
Formula Approach and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Formula Approach: A tariff negotiating procedure in which a general formula for calculating tariff reductions on all […]
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Prohibitive Duty
A rate of duty so high as to effectively preclude entry of an item. Generally, prohibitive duties increase the selling price to such a level that the item cannot compete with domestic substitutes. Prohibitive duties are designed to protect domestic infant or ailing industries from vigorous […]
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Conventional Duty
A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement….