Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
yes
A trade surplus is when exports exceed imports.
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
balance of trade?
This is known as a balance of trade.
Tarifffs
tariffs
tariffs
Tariffs are taxes imposed on Imports and Exports.
Tariffs are taxes imposed on Imports and Exports.
yes
A trade surplus is when exports exceed imports.
tariffs
The customs agency which collects taxes on imports and exports.
Charges a state makes people pay when goods leave or enter their country. Usually a percentage of the value of the goods. Also it is more common to apply these taxes to imports rather than exports.
Charges a state makes people pay when goods leave or enter their country. Usually a percentage of the value of the goods. Also it is more common to apply these taxes to imports rather than exports.
They would be called exports.