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A: A tariff is a tax that is placed on an imported good, they use tariffs because imported goods have a tax so citizens are more likely to purchase that countries goods for the cheaper price. -BrockChloe
The most common term for such a tax is to call it a "Tariff" and this is also the historical name. With the streamlining of international transactions in the 19th and 20th centuries, other terms such as "Customs Duty" or "Import Duty" have been used. In addition, the WTO has provided for two other forms of taxes that can be placed on imported goods and services as punishment to other countries for illegal economic practices and these are called "Anti-dumping Duties" and "Countervailing Duties".
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.
Tariff best describes a tax paid on imported goods.
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Corn Laws :)
Corn laws A+
corn laws
tariff
Import 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.
A: A tariff is a tax that is placed on an imported good, they use tariffs because imported goods have a tax so citizens are more likely to purchase that countries goods for the cheaper price. -BrockChloe
the British
The sugar act placed a tax on any foreign imported sugar to america. it angered many colonists.
The most common term for such a tax is to call it a "Tariff" and this is also the historical name. With the streamlining of international transactions in the 19th and 20th centuries, other terms such as "Customs Duty" or "Import Duty" have been used. In addition, the WTO has provided for two other forms of taxes that can be placed on imported goods and services as punishment to other countries for illegal economic practices and these are called "Anti-dumping Duties" and "Countervailing Duties".
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.
grain import tariffs The stated purpose of such taxes is to protect local suppliers of a given product by making sure that imports of such competing products will always be more expensive to buy (even if their real price is less expensive) than the local equivalent products.