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Tariff (view source)

Revision as of 23:59, August 9, 2009

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A '''tariff''' is a [[tax]] or [[custom]] duty on an imported [[good]].  It can take one of two forms:  (1) a tax per unit, known as a specific tariff, or (2) a tax based on the value of the good, known as an ''ad valorem'' tariff.
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A '''tariff''' is a [[tax]] or custom duty on an imported [[good]].  It can take one of two forms:  (1) a tax per unit, known as a specific tariff, or (2) a tax based on the value of the good, known as an ''ad valorem'' tariff.
 
[[category:economics]]
 
[[category:economics]]
  
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