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A tariff is simply a tax put on imports. A treatyis a formal agreement between two or more states in reference to peace, alliance, commerce, or other international relations. (www.dictionary.com)

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15y ago
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11y ago

A tarrif or duty are taxes put on imported goods.

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Q: What is tariff and duty?
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Related questions

What is a duty paid on particular class of goods?

tariff


Taxes on goods coming into the United States?

custom duty :)


What is a duty paid on a particular class?

Tariff


What has the author John H Barnes written?

John H. Barnes has written: 'List of articles free of duty and tariff or rates of duties' -- subject(s): Tariff 'List of articles free of duty and tariff or rates of duties' -- subject(s): Tariff


What is a law calling for a tax on imported goods called?

Tariffs.


The McKinley Tariff resulted in?

The tariff raised the average duty on imports to almost fifty percent, an act designed to protect domestic industries from foreign competition. The McKinley Tariff was replaced with the Wilsonâ??Gorman Tariff Act in 1894, which promptly lowered tariff rates.


Why is this an asking computer?

I wounr to Excise tariff duty and custom duty about in knowladge? Please help me! 1.what do the Emport duty? Regard Ramesh Gupta


WHich act placed 25 percent duty on most imported factory goods?

The Dallas Tariff placed a 25 percent duty on most imported factory goods. It was passed in 1816 and is also called the Tariff of 1816.


Raising the duty on a tariff would negatively affect which sections the most?

west and south


What is the word for charges or taxes placed by the government on certain imported goods?

The term used for taxes of imported goods is usually a Tariff and sometimes called a Duty or Customs Duty.This is why you sometimes see duty-free shops in airports or cruise ship terminals. Goods purchased in these shops are not charges the Duty or Tariff.


Which act placed a 25 percent duty on most imported factory goods?

Tariff of 1816


What is a tax imported goods or services called?

It's usually called a customs duty or tariff.