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What Is The Definition Of Tariff

What Is The Definition Of Tariff. As, the tariff on wool; Meaning of tariff in english.

Definition Of Tariff Stock Photo Download Image Now iStock
Definition Of Tariff Stock Photo Download Image Now iStock from www.istockphoto.com

A tariff refers to the tax imposed by the government on imported goods from other countries. A charge or list of charges either for services or on goods entering a country. Legal definition of tariff 1 a :

A Tariff Is An Import Tax On Goods Coming Into The Country.


Any schedule or system of rates, changes, etc.; Using trade, governments try to control. A tariff is a trade barrier;

As, A Tariff Of Fees, Or Of Railroad Fares.


A duty or rate of duty imposed in such a schedule A schedule of duties imposed by a government on imported or in some countries exported goods b : Tariff, also called customs duty, tax levied upon goods as they cross national boundaries, usually by the government of the importing country.

A Tariff Is A Protectionism Tax Imposed On Imported And Exported Goods With The Aim Of Generating Government Revenues And Protecting The Domestic Economies And Infant.


The main purpose of the tariff is to recover the capital. The words tariff, duty, and customs can be used. Personal finance wealth management budgeting/saving banking credit cards reviews & ratings

The Tariff Sought To Protect Northern And Western Agricultural Products From Competition With Foreign Imports;


A tariff refers to the tax imposed by the government on imported goods from other countries. So when a good arrives at customs from sea, plane, or motor vehicle, an import tax is due based upon the current. Tariff is imposed majorly to protect the domestic producers, but the government also imposes.

For Instance, There Is A Thing Referred To As Tariff.


(government, politics & diplomacy) a. Tariffs are a type of trade barrier intended to make the market less. A tariff, at the most basic level, is a tax charged on goods or services as they move from one country to another.

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