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A specific tariff is a fixed fee charged per unit of a good imported, providing clarity for both importers and governments. Its advantages include predictable revenue for the government and ease of administration, as it doesn’t fluctuate with market prices. However, its disadvantages include potential inefficiencies in resource allocation and the risk of burdening consumers if the tariff is set too high, leading to increased prices for imported goods. Additionally, it may not adequately protect domestic industries if prices drop significantly.
What else can I help you with?
What is an orange tarrif and how do you buy one?
"An orange tarrif is a tax on oranges. This can be found in other countries around the world, but the United States usually does not offer this. Tarrif's are more commonly known as taxes."
What was the tax on foreign imports?
a tarrif
How do you use tarrif in a sentence?
ask your mama's booty
Does the UK have a tarrif against the US?
None that I know of.
What is a compound tariff?
A tarrif is an quantity and value based trade restriction. In compound tarrifs, a value based tarrif is payed along with a fixed rate on quantity. That is it is a mixed or compound rate.
What is a 6 letter word for list of prices and ends in a f?
tarrif
Major hurdle in pak-iran-india gas pipeline?
Tarrif of Gas is the basic hurdle.
Abbreviation of T A C in Fire fighting system?
Tarrif Advisory Committee guidelines for pump manufacturing
Which senator from Kentucky proposed the compromise that ended the nullification effort to the tarrif 1828?
John C. Calhoun
Tax placed on foreign imports to control trade and protect a nations business is also called?
tarrif
Can the rio phone be on a different tarrif than orange?
No. As it is manufactured by Orange it will work with an Orange SIM only.
What is the Townshend Acts?
It was one of the acts from England that placed a tarrif or a tax on paper, wool, glass, paint, and lead.
