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Tariff rate quota |
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Tariff rate quotaA combination of an import tariff and an import quota in which imports below a specified quantity enter at a low (or zero) tariff and imports above that quantity enter at a higher tariff. Also called a tariff quota.Similar MatchesWater in the tariffWater in the tariffThe extent to which a tariff that is higher than necessary to be prohibitive. Concertina tariff reductionConcertina tariff reductionThe reduction of a country's highest tariff to the level of the next highest, followed by the reduction of both to the level of the next highest after that, and so forth. Also called the concertina rule. This is known to raise welfare if all goods are net substitutes. Equivalent tariffEquivalent tariffTariff equivalent. Made-to-measure tariffMade-to-measure tariffA tariff set so as to raise the price of an imported good to the domestic price, so as to leave domestic producers unaffected. Also called a scientific tariff. Tariff lineTariff lineA single item in a country's tariff schedule. Further SuggestionsPiecemeal tariff reformTariff Act of 1930 General Agreement on Tariffs and Trade Para-tariff Maximum revenue tariff Tariff escalation Prohibitive tariff Applied tariff rate Tariff Average tariff Tariff redundancy Nominal tariff Ad valorem tariff Tariff Tariff preference Tariff quota Implicit tariff Compound tariff Tariffication Trade-weighted average tariff Secondary tariffs Export tariff Revenue argument for a tariff Tariff items 806 & 807 Tariff revenue |
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