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Tariff peak |
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Tariff peakIn a tariff schedule, a single tariff or a small group of tariffs that are particularly high, often defined as greater than three times the average nominal tariff.Similar MatchesPunitive tariffPunitive tariffA high tariff the purpose of which is to inflict harm on a foreign exporter as punishment for some previous behavior. Specific tariffSpecific tariffA tariff specified as an amount of currency per unit of the good. Redistributed tariff revenueRedistributed tariff revenueRefers to a common assumption that tariff revenue is given to consumers as transfer payments (not in proportion to what they paid by importing) to be spent like any other income. Since in general equilibrium the effects of a tariff depend on how the revenue is spent, this is a useful neutral assumption. Ad valorem tariffAd valorem tariffTariff defined as a percentage of the value of an imported good. Common external tariffCommon external tariffThe single tariff rate agreed to by all members of a customs union on imports of a product from outside the union. Further SuggestionsTariff factoryTariff redundancy Equivalent tariff Tariff line General Agreement on Tariffs and Trade Effective tariff Ex post tariff Redundant tariff Compound tariff Implicit tariff Tariff Schedule of the United States General Agreement on Tariffs and Trade Tariff wall Tariff classification Tariff equivalent Income redistribution argument for a tariff Export tariff Made-to-measure tariff Tariff protection Tariff binding Tariffs and retaliation Import-weighted average tariff Secondary tariffs Para tariff Scientific tariff |
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