What Is a Cap and Trade Tax?
Tariff limit refers to an increase in tariffs after exceeding a certain level of imports. Tariff limits have been increasing due to the increasing scope of free export quotas. Free export quotas specify the type of goods, some import countries, and some amount. The number of restricted commodities rose from 50 in 1978 to 135 at the end of 1987, and then rose to about 260 in 1988. Of these, 123 were commodities that were restricted from developing country exports. [1]
Tariff limit
discuss
- Chinese name
- Tariff limit
- Foreign name
- tariff quota
- nickname
- Preferential tariff limit
- Application
- Western developed countries' imports from developing countries
- Tariff limit refers to an increase in tariffs after exceeding a certain level of imports. Tariff limits have been increasing due to the increasing scope of free export quotas. Free export quotas specify the type of goods, some import countries, and some amount. The number of restricted commodities rose from 50 in 1978 to 135 at the end of 1987, and then rose to about 260 in 1988. Of these, 123 were commodities that were restricted from developing country exports. [1]
- definition
- As developed countries import industrial manufactured products and processed agricultural products from developing countries to maintain a high tariff rate, which affects the expansion of developing country exports, developing countries strongly demand that industrial countries cancel or reduce tariffs in order to improve their market in industrial countries. Competitive position. After long-term struggles in developing countries, it was not until the early 1970s that developed countries in the West successively implemented a universal preferential system for developing countries, that is, to give some developing countries processed agricultural products and industrial manufactured products in order to reduce or exempt import tariffs. However, at the same time, the beneficiary countries imposed restrictions on tariff limits on some so-called "sensitive" commodities that were highly competitive.
- The tariff limit is unilaterally stipulated by the beneficiary country, which limits the maximum limit (quantity or amount) of certain categories or certain types of goods to be imported within a certain period of time. Certain commodities under the total quota also set the maximum quota (the proportion of the total quota) in some countries to prevent a few competitive countries from preempting. Other commodities have individual quotas for certain developing countries and regions with strong competitiveness. When the total limit or the limit of a certain country is full, the preference-giving country announces the cessation of tariff preferences, and normal or higher tariffs are resumed on imports above the limit.