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Of course, additional cash will also be generated: tariffs levied on motorists.
It recognizes that the protection afforded a particular domestic industry depends on the tariffs levied against materials used to make the product (inputs) as well as tariffs levied on the final product (output).
While the common external tariffs levied by a customs union avoid the problem of wasteful shipping patterns, they do not solve the problem of wasteful production, a problem sometimes referred to as trade diversion.
The agreement would grant Vietnam the same trading rights here that most other nations have, with tariffs levied on Vietnamese exports falling from 40percentto3percentcent on average.
And the "Buy America" clauses in both the House and Senate versions of the fiscal rescue package are disturbingly reminiscent of the Smoot-Hawley tariffs levied by the United States in 1930.
A one-population evolutionary game model of power plants is developed to study how their production strategy depends on tariffs levied by the government.
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Tariffs may be levied either to raise revenue or to protect domestic industries, but a tariff designed primarily to raise revenue also may exercise a strong protective influence, while a tariff levied primarily for protection may yield revenue.
Finance for the budget of the EU is provided by the common external tariff levied on all imports from outside the EU and by a national contribution that is set, in most cases, as a fixed percentage of the "value-added base" (roughly the national income) of each member state.
The parties to a system of preferential tariffs levy lower rates of duty on imports from one another than they do on imports from third countries.
There would have been much less "tariff escalation"—a nasty practice, by which higher tariffs are levied on successive stages of production.
Such tariffs, if levied by major players — probably the United States and the European Union — would give noncooperating countries a strong incentive to reconsider their positions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com