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a tariff is a duty or duties imposed by a government on imported or exported goods (a schedule of prices or taxes)

they can restrict trade by causing the price of goods to rise making them more expensive and so less attractive to prospective buyers

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12y ago
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10y ago

To increase revenue and to make the items made in your locale more attractive governments will place a tax on imports.

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Q: What is a tariff and why do governments sometimes use them?
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How might a country react to another country's protective tariff?

Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.


What are tariff taxes and how are they used by the government?

The tax of imported goods and services is called Tariff. This is imposed to control or limit trades and as a source of revenue or income for governments.


What is a a and why do governments sometimes use them?

To increase revenue and to make the items made in your locale more attractive governments will place a tax on imports.


What is the governments influence in hospitals?

Governments generally oversee the proper care of patients and safe use of equipment. Regulations are sometimes burdensome, but they are necessary.


What is the meaning of tariff?

A tariff is a list - either of taxes and duties, or of services and charges. A table of tax-rates would be a tariff, as would a restaurant menu. umm that sucks!


Is there any disadvantage to government placing tariff on imported goods?

There are several disadvantages to governments placing tariffs on imported goods. For example, countries may not want to import goods if they have to pay a tariff, and this process raises prices for consumers.


what is a tax use to regulate trade?

a tariff


Who can you use the word tariff in a sentence?

During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


How would you use tariff in a sentence?

During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


How do governments change?

Well governments sometimes change because of the voting. Thats all i know :)


What is the difference between a tariff and protective tariff?

A tariff is a tax on imports A protective Tariff is a tax on imports to protect an industry in your country by making the imported goods more expensive and less attractive to the consumer. A successful use of this can be seen in the history of Harley Davidson Motorcycles.


What are types of tariff with an example of its use?

Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country