Variable Levy

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Variable Levy

A tariff that changes in such a way that the domestic price of an imported good always remains the same (or almost the same). A variable levy increases when the raw price of the import drops and decreases when the raw price rises.
References in periodicals archive ?
A mix of standard and variable levies will remove the requirement for councils to prepare costly and complex development contribution plans, Mr Guy said.
The ITC finds that "tariff barriers, in the form of high tariffs, variable levies, and tariff-rate quotas, can reduce the competitiveness of U.
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