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Definitions from WordNet

Definitions from the Web

Term: Revenue Tariff

Description:

A revenue tariff refers to a type of tax levied on imported goods primarily with the intention of generating revenue for the government. It is typically implemented by the importing country as a means of generating income while ensuring a fair competition with domestically produced goods.

Sample sentences:

• The government imposed a revenue tariff on foreign cars to generate additional funds for public infrastructure.
• Under the revenue tariff policy, imported textiles were subject to a 10% tax on their value.
• The country's economy greatly benefited from the revenue tariffs collected on imported electronics.

Possible related products on Amazon:

Books about revenue tariffs
Economic impact of revenue tariffs
Imported goods