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Trigger Price

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
Trigger Price
A price at which an import causes the importing country automatically to impose a tariff or quota. For example, a country may have a law stating that if an import falls below $10 per unit, a tariff is imposed that results in the import becoming $13 per unit. Trigger prices are used when the importing country generally wishes to promote free trade but does not want importers to undercut domestic industry.

trigger price
The specific price of an imported item below which a quota or tariff will be put into effect. A trigger price is imposed to keep foreign competitors from undercutting prices charged by domestic companies in the domestic firm's home market.


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The lack of commentary following the rate decision failed to trigger price action in the currency markets however, the BoE Minutes due out on April 22 could spur volatility in the British pound as the central bank maintains a dour outlook for growth and inflation.
At this rate we're going to see a big shortage of inventory by summer, and that will trigger prices to rise," says Paula Hellenbrand, president of the Cape Coral Association of Realtors.
The PA enters at less favorable conditions than the F because the trigger price increases in peculiar fashions for the two enterprises as uncertainty unfolds.
 
 
 
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