Trade, Free Trade, Protectionism and Tariffs
Introduction to concepts in economics, trade (free trade vs. protectionism and tariffs), globalization; social class and issue of the gap between the rich and the poor.
A duty levied on goods being imported is referred to as an import duty.
Similarly, a duty levied on exports is called an export duty.
A tariff, which is actually a list of commodities along with the leviable rate (amount) of customs duty, is popularly referred to as a customs duty.
Watch Videos:
How to Enrich a Country: Free Trade or Protectionism?
The impact of protectionism on international marketing
Tariffs and Protectionism
Introduction to concepts in economics, trade (free trade vs. protectionism and tariffs), globalization; social class and issue of the gap between the rich and the poor.
A duty levied on goods being imported is referred to as an import duty.
Similarly, a duty levied on exports is called an export duty.
A tariff, which is actually a list of commodities along with the leviable rate (amount) of customs duty, is popularly referred to as a customs duty.
Watch Videos:
How to Enrich a Country: Free Trade or Protectionism?
The impact of protectionism on international marketing
Tariffs and Protectionism