Revenue Tariff In Economics Definition

For the term revenue tariff may also exist other definitions and meanings the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.

Revenue tariff in economics definition. Meaning of revenue tariff. What does revenue tariff mean. Revenue cap regulation seeks to limit the amount of total revenue received by a company operating. A tariff designed to produce income for the federal government.

Meaning and definition of revenue tariff. Journal of international economics 7 1 73 79. A form of economic regulation generally applied to utility companies. A tax on imported goods that has the purpose of making money for the country that imports them.

In advanced countries the introduction and diversification of direct taxes has reduced the importance of tariff as a source of government revenues. A tariff is a tax imposed on imported goods and services. A revenue tariff is a tax rate applied with the purpose of obtaining direct income from corporate revenues. Glossary of economics terms and concepts.

Used to push up the price of imported products as a protective measure against foreign competition i e. Information and translations of revenue tariff in the most comprehensive dictionary definitions resource on the web. The tax is so high that it makes an. A tariff is a tax on imported goods and services and is also called a customs duty.

Since governments need massive resources to accomplish their goals they must look for revenues from various sources. A tariff imposed chiefly to generate public revenue. The purpose is to help domestic suppliers compete more effectively in the home market. The tariff which is imposed primarily for generating more revenues for the government is called as the revenue tariff.

A revenue tariff has a substantial effect on price levels. What does revenue tariff mean.