trigger price

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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.
References in periodicals archive ?
The Philippines maintained that the only correct trigger prices for the imported coffee products being questioned by Indonesia are the figures Manila notified to the WTO almost 20 years ago.
The DTI will also set a maximum or trigger prices by which the punitive duty can be suspended.
With an expected shortfall in the supply of rice and corn, which could trigger prices to go even higher, the National Food Authority's (NFA) management body has already proposed to import another 250,000 MT of rice this year, while private feed millers were allowed by the DA to import 200,000 MT of corn.
We will have enough fish for local consumption as Qatar has stopped export of fish following the ongoing Gulf crisis." Another fish vendor at the Central Market added,"The curbs will not trigger prices as fish exports to Saudi Arabia and Oman have already been stopped to meet the local demand.
You may also choose to time the water heating (and perhaps your shower, if you have a flexible schedule) based on the price you pay for electricity; you have programmed in your trigger prices in your home-management system, and if the price forecast for your usual shower time is higher than the trigger price, the water heater can preheat water for your shower, saving you money with no loss of comfort or convenience.
PLC is basically the previous counter-cyclical payment program with a new name and higher trigger prices. Payments are triggered when the season-average market price is less than a crop's reference price.
(b) the entry trigger prices of PA and F react in different ways; that is,
The department's carelessness with those 1998-99 leases, where the absence of trigger prices has cost the federal government as much as $950 million to date--with the loss potentially running as high as $10 billion is driving the bill politically.
The Interior Department's carelessness with those 1998-1999 leases, where the absence of trigger prices has cost the federal government as much as $950 million to date--with the loss potentially running as high as $10 billion--is driving the bill politically.
Cartels have used several different methods to monitor more effectively, including: control over more than just price, market division, fixing market shares, most-favored-nation contracts, meeting-competition contracts, and trigger prices. Generally, a collusive agreement would be easier to enforce if the number of firms is small, demand is stable, pricing information is widely circulated and the firms produce homogeneous products.
It was aided substantially by the two frosts in Brazil in the summer of 1994, so the trigger prices for the retention scheme were no longer necessary.
A system of trigger prices for imported steel, effective Feb.