Revenue Tariff Business Definition
Since governments need massive resources to accomplish their goals they must look for revenues from various sources.
Revenue tariff business definition. A tariff imposed principally to raise government revenue rather than to protect domestic industries. He has special contempt for those free traders who would argue for the substitution of a protective tariff with a revenue tariff. If a country imposes the maximum revenue tariff can it be expected to improve the welfare of its people. A revenue tariff has a substantial effect on price levels.
What does revenue tariff mean. A revenue tariff is a tax rate applied with the purpose of obtaining direct income from corporate revenues.
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