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Tariff
(redirected from Tarrifs)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Tariff
A tax on imports or exports.

Duty
A tax that a country imposes on its imports and, occasionally, exports. A duty exists to make an import more expensive and to thereby encourage people to buy goods produced in their own country. Proponents of their use argue that duties discourage outsourcing of jobs to other countries and make the country more self-sufficient, but most economists agree that they are economically inefficient and some contend that they may ultimately harm the people they are intended to help. A duty is also called a tariff. See also: WTO, International trade, Globalization.

tariff
A tax levied on a good imported into a country. In most instances, tariffs are intended to make imported goods more expensive and thus less competitive with domestic products. Also called duty. See also General Agreement on Tariffs and Trade, trigger price.


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In 2005, the grouping established a customs union setting common tarrifs for external goods.
Tarrifs for the DataConnect Plan include including a 200MB plan for USD40 per month or a 5GB plan for USD60 per month.
Jordan was the first Arab country to sign an FTA with Washington and is also a member of the WTO and has an association accord with the EU that paves the way for full lifting of tarrifs and customs.
 
 
 
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