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1、Tariffs©2011CengageLearning.AllRightsReserved.Maynotbecopied,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse1PowerPointslidespreparedby:AndreeaChiritescuEastern
2、IllinoisUniversityTheTariffConceptTariffAtax(duty)leviedonaproductwhenitcrossesnationalboundariesImporttariffTaxleviedonanimportedproductExporttariffTaximposedonanexportedproductOftenusedbydevelopingnationsRaiserevenue,increasetheworldprice©2011CengageLearning.AllRightsReserv
3、ed.Maynotbecopied,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse2TheTariffConceptProtectivetariffToreducetheamountofimportsenteringacountryInsulatingimport-com
4、petingproducersfromforeigncompetitionAllowsanincreaseintheoutputofimport-competingproducersRevenuetariffTogeneratetaxrevenuesPlacedoneitherexportsorimports©2011CengageLearning.AllRightsReserved.Maynotbecopied,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalice
5、nsedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse3©2011CengageLearning.AllRightsReserved.Maynotbecopied,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapa
6、ssword‐protectedwebsiteforclassroomuse4Tariffrevenuesasapercentageofgovernmentrevenues,2007:selectedcountriesTABLE4.1DevelopingCountriesPercentageIndustrialCountriesPercentageTheBahamasGuineaEthiopiaGhanaSierraLeoneMadagascarDominicanRepublicJordan51.247.933.528.527.626.920.9
7、11.3NewZealandAustraliaJapanCanadaSwitzerlandUnitedStatesUnitedKingdomIceland2.62.51.21.21.21.11.01.0TypesofTariffsSpecifictariffFixedamountofmoneyperphysicalunitoftheimportedproductRelativelyeasytoapplyandadministerDegreeofprotectionitaffordsdomesticproducersvariesinverselyw
8、ithchangesinimportpricesProvidesdomesticproducersmoreprotectiondurin
