answersLogoWhite

0

The price paid by consumers is increased.

User Avatar

Josefina Kunze

Lvl 10
2y ago

What else can I help you with?

Related Questions

What is of an effect on an import tariff charged on a particular good?

The price paid by consumers is increased.


What is the import tariff percentage in India 2011?

The import tariff percentage in India 2011 depends on what goods you are about to import. There are different tariff for different goods.


What is a import tax?

Tariff


What is the difference between a tariff and an excise tax?

A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.


What is the tax put on an import?

Tariff


The word tariff in a sentence?

A tariff is an import or export tax. We had to pay a tariff when we crossed the border with our purchases.


What term is defined as a tax on an import-?

Import duty is technically defined as a tax on an import


Is a tariff the same as an embargo?

No. An embargo prevents import or export of a thing. A tariff adds a surcharge.


What are the trade barriers of Iran?

High import tariff


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.


How did the Underwood Tariff affect imported goods?

encouraged merchants to import by reducing or eliminating tariff rates.


How did Underwood tariff affect important goods?

encouraged merchants to import by reducing or eliminating tariff rates.