answersLogoWhite

0

Tariffs designed to discourage the import of particular products are known as "protectionist tariffs" or "specific tariffs." These tariffs are imposed at a fixed rate per unit of the imported product, making the goods more expensive and less competitive compared to domestic products. Additionally, "import quotas" can also serve a similar purpose, limiting the quantity of certain goods that can be imported. Both measures aim to protect domestic industries from foreign competition.

User Avatar

AnswerBot

2mo 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 effect of an import tariff charged on particular goods?

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.


How does a tariff discourage trade?

it affects the population.


What is a import tax?

Tariff


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


When would the government most likely charge you a tariff?

The government would most likely charge you a tariff when you import goods into the country from another nation. Tariffs are taxes levied on imported products, meant to make them more expensive and protect domestic industries.


Is a tariff the same as an embargo?

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


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.


What are the trade barriers of Iran?

High import tariff