nc

737 Words2 Pages

A tariff is a tax payable on border goods traffic to a customs territory to another. Normally usually refers to the term “import tariff “for being in this type of business, which occurs most frequently. Tariffs are divided into two categories. Specific Tariffs are imposed as a fixed charge for each unit of imported good; and ad valorem duties, which are imposed as a rate proportional to the value of an imported good. While the main purpose of tariffs is to protect both domestic industry and jobs generated by this; The Government also gains because the tariff raises tax revenue. We however this, nothing is economically liable zero sum , since domestic producers gain because the tariff protects them from foreign competitors by increasing the cost of foreign goods ; but consumers lose because they must pay more for certain imports. A subsidy is a governmental financial assistance to a product sold in the market. Usually defined as the differential on the retail price, to render a more competitive product trade. Subsidies take many forms, including cash donations, low interest loans, tax concessions and government equity participation in domestic firms. When applied to national product and to reduce costs (subsidies applied to the offer), subsidies help farmers in two ways: they help you to compete against cheap foreign imports and help them gain export market. Major gains are subsidies to domestic products, whose international competitiveness is increased as a result. A quota is a direct restriction on the quantity of a good may be trafficked to and from a country. The restriction is usually enforced by issuing licenses or certificates of trade, to a group of individuals or firms. This allowed trading volume suffers particular benefi... ... middle of paper ... ...anti-dumping processes occur between a state and private, never between States. Private make dumping and state controls. By coating this fact a judicial nature, certain steps must be followed in the process of investigation of dumping, these being covered by the WTO. The administrative trade policies are bureaucratic regulations designed to restrict import levels. Applied to the products in their prices (annual statistics, customs appraisals, traffic rights, ringtones, etc.), in its essence (packing, records, labeling, formulations, etc.) Or volume (antitrust policies, consumer, market share, etc.). They are the most feared tools of commercial policy, since they lack measurable, quantifiable or questionable criteria in a multilateral setting are specific to each state and are measured according to their own pre-established criteria and consolidated in their culture.

Open Document