Difference between revisions of "Tariff"
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According to [[Macroeconomics by Mankiw (7th edition)]], | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
:[[Tariff]]. A tax on imported goods. | :[[Tariff]]. A tax on imported goods. | ||
| + | According to the [[Corporate Strategy by Lynch (4th edition)]], | ||
| + | :[[Tariffs]]. Taxes on imported goods imposed by a nation state. They do not stop imports into the country but make them more expensive. | ||
| − | [[Category: Economics]][[Category: Articles]] | + | [[Category: Economics]][[Category: Articles]][[Category: Strategic Management]] |
Latest revision as of 09:20, 12 July 2020
Tariff is a tax imposed on imported products.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Tariffs. Taxes imposed on imported products.
According to Macroeconomics by Mankiw (7th edition),
- Tariff. A tax on imported goods.
According to the Corporate Strategy by Lynch (4th edition),
- Tariffs. Taxes on imported goods imposed by a nation state. They do not stop imports into the country but make them more expensive.
