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It can be a flat-rate tariff linked to weight – as is the case with cheddar cheese – or calculated as a proportion of the overall value of the goods.
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Tariff reduction linked to reduction of tariff levels in other countries and after export subsidies and other trade-distorting measures are eliminated.
The Government has also confirmed that tariffs will be paid for up to 25 years, and, as the tariffs are linked to inflation, the real rate of return could end up as high as 10 per cent.
If electricity tariffs are linked to changes in fuel price, fuel price risk can be effectively passed to consumers.
They also called for the cuts in banana tariffs to be linked to progress in the Doha round of multilateral trade negotiations, which they hope could open up more market opportunities for ACP farmers.
The text was circulated as the Soviet Union's chief trade negotiator, Yuri N. Chumakov, told a group of American business officials at the Soviet Embassy here that there is broad support in the Soviet Parliament for the freer emigration legislation that President Bush has linked to the tariff cuts.
Looking forward to a future low-carbon power system, the endowment effect could possibly be harnessed at a community scale, for example by offering consumers living near wind farms an electricity tariff with power banding that is linked to the output of the wind farm.
To see why the NAFTA rules are linked to the auto tariffs, it is important to remember what happens when a North American car does not meet the rules of origin set out under NAFTA: it then needs to pay the (MFN) tariff faced by the rest of the world.
The listing of food processing establishments is, however, not linked to the question of whether preferential tariff access is granted.
Such a tariff should emphasize the 'right' moments to use electricity, intuitively linked to renewable generation.
New investment as a tariff side effect would create new jobs and tax revenues and promote innovation... if linked to a vision for the UK economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com