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Tamil Nadu will select developers through Tariff based reverse / competitive bidding.

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Q: What is the tariff based competitive Bidding?
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Why would business owners in the north support the tariff?

What tariff? The most logical answer, assuming the tariff you speak of is one against foreign sellers, is that the business owners in the north dont have to pay it while their competitors do. Therefore they can sell their wares at cheaper prices and still get the same profit. Thus making them a better, more competitive company.


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 price are determined in a competitive market?

based on economy


What are types of tariff with an example of its use?

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


What was High tariff to limit foreign competition?

A high tariff that limits foreign competition is a protective tariff.

Related questions

What are some of the situations when competitive bidding can't be used?

when can't competitive bidding be used


What are some of the situations when competitive bidding can not be used?

When insider information is circulating or when there is an arrangement between the bidders. That would cheat the purpose of competitive bidding.


What are the importance's of competitive bidding?

gives life


What are the weaknesses in the bidding process?

One of the biggest weaknesses in the bidding process is that it encourages competition. Competitive bidding is helpful in some ways though because it helps people get items for cheaper prices.


What is competitive best value bidding?

The following link should help you out:competitive-bid


What are the Advantages and disadvantages of competitive bidding for government contracts?

One advantage to bidding on governmental contracts is the fact that the winning bid will offer the best services for the job. A disadvantage to the process is the fact that bidding may make a business bid too much for the contract.


Where can one purchase Max Co products online?

The brand Max&Co products on their official website. Alternatively you may find cheaper deals and more competitive prices on the amazon website or on the bidding based website ebay.


What does the abbreviation ABT mean?

Availability based tariff


What is procurement trade?

Procurement is an activity of acquiring, finding, buying goods or services from an external source. It helps the competitive bidding process.


Are turn key projects allowed for government construction or is it avoiding competitive bidding?

Turn key projects are allowed for government contruction. It is not consdiered to be avoiding competive bidding. When a turn key project is done, the client is not affected by market rise.


Why would business owners in the north support the tariff?

What tariff? The most logical answer, assuming the tariff you speak of is one against foreign sellers, is that the business owners in the north dont have to pay it while their competitors do. Therefore they can sell their wares at cheaper prices and still get the same profit. Thus making them a better, more competitive company.


How did the protective tariff laws of 1816 raise the issue of states' rights?

Well, the Tariff created controversy based on state to state. 420 baked high as a kite.