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What is a specific tariff?

Updated: 12/22/2022
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Q: What is a specific tariff?
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What is a tariff a tax on?

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.


Difference between tariff and non-tariff barriers?

The purpose of both tariff and non tariff barriers is same that is to impose restriction on import but they differ in approach and manner.Tariff barriers ensure revenue for a government but non tariff barriers do not bring any revenue. Import Licenses and Import quotas are some of the non tariff barriers.Non tariff barriers are country specific and often based upon flimsy grounds that can serve to sour relations between countries whereas tariff barriers are more transparent in nature.


Where does a 08432 number come from?

That is a 'special tariff' code. It doesn't relate to a specific area or town.


What is a tarriff?

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.


What is a specific example of revenue tariff?

An example of a tariff would be a tax that is collected on items that are imported into a country. Beef from other countries is sometimes taxed as it is imported into the United States to keep the US beef industry more profitable.


What is the tariff type of raise money to the government?

Protective tariff. These types of tariffs are placed by the government on goods that are imported in an effort to protect the countries specific trade on that good. This tariff raises the price of an imported good so high that others will turn to the local countries good instead. ^No. Incorrect. Falso. a protective tariff is designed to protect a domestic industry (which is what the above answer talked about). A revenue tariff is used to raise money for the government


What type of tariff is used to raise money for the government?

Protective tariff. These types of tariffs are placed by the government on goods that are imported in an effort to protect the countries specific trade on that good. This tariff raises the price of an imported good so high that others will turn to the local countries good instead. ^No. Incorrect. Falso. a protective tariff is designed to protect a domestic industry (which is what the above answer talked about). A revenue tariff is used to raise money for the government


The Tariff of 1828 was known throughout the South as the tariff of?

Abomination.


How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?

Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"


What is the tariff number for knives imported into Canada from Italy?

You have to be more specific. What type(s) of knives are you wanting HS codes for?


What was the high tariff to limit foreign competition?

A high tariff to limit foreign competition is called a protective tariff.


What is the full form of tariff?

TARIFF