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Revenue tariff: A 5% tariff on sugar to generate public revenue;

Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business;

Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by Another Country.

or

sales tax- 8% charged on purchases of luxury goods

excise tax- 20% tax charged on each pack of cigarettes

capital gains- 15% charged on profits from selling commodities

or

revenue tariff- a 6% tariff on Oranges to provide money for the government

protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition

retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country

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13y ago
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Amelia Bingham

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4y ago

revenue tariff: a 6% on oranges to provide money for thr govenment

protective tariff: a 50% tariff on oranges to shield domestic orange growers from internatinal competition

retaliatory tariff; a 200% tariff on oranges to reply to a high fariff imposed by another country

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Q: What are types of tariff with an example of its use?
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What is an example of a protectionist trade policy?

An example is a protectionist trade policy would be a tariff on imports, or quotas on the volume of imports.


What is a real world example of a tariff?

Chevey has put a tariff on a Ford truck.


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A tariff is a tax placed on imported goods. Each country has separate tariff regulations. The five main types of tariffs include revenue, ad valorem, specific, prohibitive and protective.


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In 1930, for example, the U.S. Congress passed the Hawley-Smoot Tariff Act.


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Yes. Tariff is one example.


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During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


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During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


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A tax used to regulate trade is called a tariff. Tariffs are a type of tax imposed on imported goods and services to increase their price, making them less competitive compared to domestic goods.


What is an example of a protectionists policy?

An example is a protectionist trade policy would be a tariff on imports, or quotas on the volume of imports.


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Non-tariff barriers are blocks to trade include quotas, local-content requirements, licenses, and other types of import restrictions that depend on quantity, not price.