Duty

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Duty

A tax on imports, exports, or consumption goods.

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.

duty

See tariff.
References in periodicals archive ?
God reminds us that Prophet John (known as the Baptist) was dutiful towards his parents both loving them and obeying them.
Thanks to the German mathematician Wilhelm Leibniz' dutiful copying, some of the pages were made available 3 centuries ago for scholars to puzzle over, even though the originals disappeared.
The charismatic Mason's Origins of Man featured the hip hop dancer and choreographer as a circus barker hawking the sideshow of his life, a dutiful son recalling his mother, the "dance Nazi," and a phantom character in a Rashamon-like story told by friends.
Furthermore, gendered analyses of Victorian violence have largely focused on constructions of dutiful femininity that excused men's "disciplinary" violence and an all-male judiciary that stood idly by or even actively supported male household dominance.
The artist-patron relationship has yielded plenty of great art over the centuries, from Michelangelo's over-the-top Moses on the tomb of Pope Julius II to Velazquez's dutiful Las Meninas and Goya's sneering The Family of Charles IV.
Teenaged Dorothea is the dutiful niece going so far as to make a quilt for her uncle when he requests a specific pattern.
The essence of Bybee's memorandum was elegantly captured by one of King Henry's most dutiful subjects in Shakespeare's Henri' V: "[W]e know enough, if we know we are the king's subjects: if his cause be wrong, our obedience to the king wipes the crime of it out of us.
The love between a girl back home and a dutiful soldier in the U.
Spokesman Yann Lovelock said that while it was common in the East to commemorate the anniversary of the death of parents and grandparents, Westerners were less dutiful.
I was a nurse at the time, but being a dutiful wife whatever my husband wanted to do at the time was fine with me," says Bell.
Yet the adults who sacrifice the most to create and mold this precious human capital, whether they be dutiful parents, daycare workers, school teachers, camp counselors, or even college professors, retain only a small share of the value they create.
The commentary between essays often gets unreadably sentimental and the dutiful question-and-answer sections at the end of each chapter are more likely to induce snores than encourage curative male bonding or transcendent spiritual journeying.