What is the purpose of the tariff 2024?
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Works at the International Civil Aviation Organization, Lives in Montreal, Canada.
A tariff is a tax imposed on the import or export of goods. In general parlance, however, it refers to "import duties" charged at the time goods are imported. Tariffs have three primary functions: to serve as a source of revenue, to protect domestic industries, and to remedy trade distortions (punitive function).
2023-05-12 14:45:49
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Zoe Brown
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A tariff is a tax imposed on the import or export of goods. In general parlance, however, it refers to "import duties" charged at the time goods are imported. Tariffs have three primary functions: to serve as a source of revenue, to protect domestic industries, and to remedy trade distortions (punitive function).