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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
November 20, 2008

tariff

Tariff

a tariff (noun) - a tax that is paid on goods entering the country (imports) and sometimes on goods leaving the country (exports)

preferential tariffs
protective tariffs
sheltered from competition by protective tariffs
import tariffs
export tariffs
customs tariffs

subject to a tariff
export of ready-made furniture is subject to a tariff on its entrance into the country

impose a tariff
introduce tariffs
levy tariffs on these products
set a tariff 
fix a tariff
the agreement fixed tariffs on goods coming into the country at 5%
place a tariff on a good 

a high tariff
a low tariff
overall high tariffs
overall low tariffs

cut the tarifff
reduce tariffs
an across the board reduction in tariffs
lower tariffs
abolish tariffs
eliminate a tariff
lift a tariff 
remove a tariff

a punitive tariff 
tariff barriers
Austria maintained high tariff barriers
protection offered by tariffs
tariff walls
a campaign for higher tariffs
the tariff issue had been dead for years

a system of tariffs

the tariff structure
the tariff structure strongly discouraged completing the work of refining the sugar until it reached Britain
the most-favoured nation (MFN) tariff system

tariff reform
a tariff reform package
trade and tariff policies
optimal tariff policy
the tariff on the products

freedom from tariffs
closely watching the response to the president's call for tariff freedom throughout the Americas

a common external tariff
a common external tariff against the rest of the world
four countries are to share a common external tariff, with free movement of goods and services among themselves

import tariffs imposed on a wide range of agricultural products 

high tariff barriers protect domestic industry. 
high tariffs on the country's tuna exports makes it uncompetitive. 
tariff exemptions for local manufacturers.

external tarifss
domestic tariffs
internal tariffs

the common external tariff would be based on an average of the existing duties levied by the member states at their national borders

how high would the tariff have to be to alter the relationship?


Example sentences:

*  The new scheme provides that, by December 31st 1994, the four countries are to share a common external tariff, with free movement of goods and services among themselves.

* The United States administration is closely watching the response to President Bush's call for tariff freedom throughout the Americas.

* After the war opinion was more fluid and open on political grounds the tariff issue had been dead for years and I felt it was one which would pull the party together, including the Lloyd George malcontents.

* These were the people most at risk from foreign agricultural policies, the failure of banks, under-capitalisation, the closure of foreign trade, tariff barriers and a whole range of xenophobic fears.

* At the moment the export of ready-made furniture is subject to a tariff on its entrance to the EEC, whereas raw logs are not.

* The common external tariff would be based on an average of the existing duties levied by the member states at their national borders, though with some downward adjustment.

* By contrast, Austria maintained high tariff barriers, while Portugal had an extremely limited industrial base.

* The question then arises: how high would the tariff have to be to alter the relationship?

*  If the Chinese fail to meet the conditions, the low-level MFN tariff would be removed from all goods produced by a Chinese state-owned enterprise (as defined by the Treasury).

* The tariff structure strongly discouraged completing the work of refining the sugar until it reached Britain, and there the increasing flow of sugar transformed people's diet, provided revenue, and launched new industries.

* The basic aim was to create a customs union, with free and equal competition among the Six and a common external tariff against the rest of the world.

* The domestic cloth industry developed during the period under the tariff protection of royal taxation and as a result of war damage to existing European textile centres.










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