Transcribed Image Text Question 4 1 pts A tariff can best be described as... a law which sets a limit on the amount of a good which can be imported. a law that sets a limit on the amount of a good that can be imported. Please give the employer a message to explain why you reject his/her project. a government payment to domestic producers to enable them to sell competitively in world markets. It increased 900 import tariffs by an average of 40% to 50%. Choosing a dual-fuel tariff can be a more convenient way to manage your energy bills as both gas and electricity will come from the same supplier. contribute to the nation s GDP. A tariff quota permits the import of a certain quantity of a commodity duty-free or at a lower duty rate, while quantities exceeding the quota are subject to a higher duty rate. A tariff can best be described as: A. How determining the right tariff classification can affect your business ... close attention to how the import process can affect you and your goods. How FG approved 3 tariffs in 5 years Daily Trust reports that this is the third tariff increase NERC has approved for the 11 Distribution Companies (DisCos) in five years. The epiphany: Tariffs can serve non-economic purposes. “The potential scale of the impact on our companies and our economy can accurately be described as unique. A) a tax rate on an individual's income B) a tax imposed on wages C) a tax on the cost of goods sold D) a tax applied to personal property E) a tax levied on imports. asked Apr 18, 2017 in Political Science by all2many. What phrase best describes a thesis? If this economy was entirely closed to international trade, equilibrium, the world price of that product. An excise tax on an exported good. Electricity Tariffs for the Renewable Home. O a tax on sales of an imported good. The nullification crisis was a United States sectional political crisis in 1832–33, during the presidency of Andrew Jackson, which involved a confrontation between the state of South Carolina and the federal government. The word that best describes me is special. Question 5 1 pts The infant industry argument claims… that countries should focus on developing their current comparative advantage. Together these changes will make it far easier for consumers to compare deals and find the best tariff for them. It ensued after South Carolina declared that the federal Tariffs of 1828 and 1832 were unconstitutional and therefore null and void within the sovereign boundaries of the state. “We have arrived at this situation despite the very best efforts of the Falkland Islands Government, which we applaud and are grateful for. a government payment to domestic producers to enable them to sell competitively in world markets. We will review the reports from both freelancer and employer to give the best decision. However, you can unlock this section whenever you want. From April 2014 a range of reforms are also coming into force to give consumers much clearer information on energy. The European Union will slap tariffs on up to $4 billion worth of U.S. products Monday, after what it described as a "lack of progress" on resolving a long-standing dispute over aircraft subsidies. Tariff, also called customs duty, tax levied upon goods as they cross national boundaries, usually by the government of the importing country. that babies are adorable. Once you unlock this section, freelancer can add a new file or delete the upload files. A law that sets a limited upon the amount of a good that can be imported. 2020/21 Annex E: Technical guidance for mental health clusters PDF, 1.7 MB. In theory, a feed-in tariff is a form of price regulation in which producers of wind power are paid a set rate or premium for their electricity, no matter how much they can generate. a tax on sales of an exported good. Switch dual fuel. A manual to help clinicians use the mental health clustering tool . All tariffs will have a standing charge and a single unit rate. Grain Producers Australia described the proposed tariffs as an 'absolutely a massive kick in the guts'. you should specialize only if you can produce something at a lower cost than other economic actors. Ad valorem tariffs are assessed as a percentage of the value of the import (e.g., a tax of 25% on the value of an imported truck). B. a government payment to domestic producers to enable them to sell competitively in world markets. A tariff can represent a worthwhile value proposition, bundling efficiency and some measure of certainty for users who seek those attributes (at least for the years covered by the tariff), and in some cases, facilitating a licensing approach which does not rely on the potential ambiguities which might arise from a reliance on the ever-evolving concept of fair dealing. The act is now widely blamed for worsening the severity of the Great Depression in the U.S. and around the world. What best describes the effect of a tariff on the import? The links below correspond to the various sections in the Table of Contents for the Harmonized Tariff Schedule. O a … This project will be marked as disputed and your case will have resulted soon by admin. Question 4 1 pts A tariff can best be described as … a law which sets a limit on the amount of a good which can be imported. Once you cancel the bid, this project will be removed from your working list. a tariff can best be described as. It will take 3-5 business days for reviewing after receiving two reports.   Terms. C. A government payment to domestic producers, to enable them to sell competitively in world markets. This preview shows page 12 - 15 out of 27 pages. The rapid transformation of the electricity sector will make it necessary for utilities to adopt radically new pricing methods, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer and editor of a new book, Innovation & Disruption at the Grid’s Edge.According to Sioshansi, existing volumetric tariffs will increasingly be replaced by fixed service fees. "The best … Formally called the United States Tariff Act of 1930, the law is … China loses the sale. No Deal could see tariffs of up to 70 per cent on Irish beef which would harm a farming and agriculture sector which makes up 40 per cent of Ireland's exports to the UK. Once you remove the project, it will no longer appear on your working page. B) a government payment to domestic producers to enable them to sell competitively in … an excise tax on an exported good. Tariff quotas may be distinguished from import quotas. a government payment to domestic producers to enable them to sell competitively in world markets. Answers: 1 on a question: Which best describes the stance of Southern states on protective tariffs in the years leading up to the Civil War? foreign cars become more expensive.     Most economists blame it for worsening the Great DepressionIt also contributed to the start of World War II. approach could work. Read more about these controversial tariffs. Remember. that governments should protect some domestic industries until they are internationally competitive. D. An excise tax on an imported good. Previous question Next question Transcribed Image Text from this Question. Course Hero is not sponsored or endorsed by any college or university. Tariffs – A tax on imports of foreign goods paid by the importer. that babies are adorable. C. an excise tax on an exported good. A tariff can best be described as: Login. ... Tariffs can … Hire, By creating an account, you agree to our Term of Use and Privacy policy. If yes, then det…, Which of the following is most likely to explain a simultaneous decline in household goods consum…. The proposed tariff for live streams, described by PRS as a “temporary experimental and non-precedential rate structure”, has been devised without any consultation with industry. But for the agreement to be successful, countries must address more nuanced non-tariff barriers and build regional value chains. They opposed tariffs because tariffs would make raw materials more expensive. Pictured is a barley farmer in central west NSW . You can also lock these files whenever you want. HS codes form the basis for tariff codes all over the world. Applied selectively to various countries, quotas can also be a coercive economic weapon. If you choose not to purchase Chinese goods and instead buy comparable goods made in other nations or the USA, then you do not pay the tariff. It worsened the Great Depression and thus still holds many lessons for today. There are hundreds of different tariffs available on the market, so it can be hard to find the perfect one. The first tariff passed was relatively low, but it progressively rose each year until 1828, with what became known as the Tariff of Abominations. that governments should protect some domestic industries until they are internationally competitive. : Question 4 1 pts A tariff can best be described as … a law which sets a limit on the amount of …, EFFECTIVENESS OFA PRICE FLOOR (2/3) Suppose that the government has imposed a price floor in Ther…, Please help me answer 2 questions (1) True or False: A law that classifies individuals differentl…, : Based on economic theory, why would utilization of hospital emergency room care increase when a p…, : For each of the following scenarios, first determine if there is an externality. A tariff may be described as a sales or consumption tax the consumer pays, but tariffs are also a discretionary and an optional tax. a tax on sales of an exported good. Question 5 1 pts The infant industry argument claims… that countries should focus on developing their current comparative advantage. Biden said he wants to consult with traditional U.S. allies in Asia and Europe "so we can develop a coherent strategy" before making a move on tariffs, according to the Times. Representative Silas Wright, an ally of Jackson, first proposed this tariff in 1828 as a ploy to help Old Hickory’s presidential campaign. A tariff can best be described as: Answer an excise tax on an imported good. Deficit Hawk: Slang for someone who wants the government to keep the federal budget under control. Once you approve this project, the project will be published on your site and available for freelancers to bid. 0 votes . Course Hero, Inc. Once the project is deleted, it will be permanently removed from the site and its information won't be recovered. Workspace is still available for you to access in case of necessary. A. It worsened the Great Depression and thus still holds many lessons for today. A tariff can best be described as: A) an excise tax on an imported good. a government payment to domestic producers to enable them to sell competitively in world markets. Once the project is archived, you can only renew or permanently delete it. Suppliers can set the standing charge at zero if they wish and some are doing this. With free trade, that is, assuming no tariff, the outputs produced by. Which of the following best describes a tariff? Tariffs can raise the cost of parts and materials, which would raise the price of goods using … However, you can bid this project again after canceling. The Balance Menu Go. They supported tariffs because tariffs would help Northern goods compete with foreign goods. Well, the best place to deal with the China tariffs is at home—in the United States. asked 1 hour ago in Other by manish56 (-16,078 points) A tariff can best be described as: The words tariff, duty, and customs can be used interchangeably. Dual fuel and online account management discounts will remain. ALSO READ: Vodafone Idea's chicken-and-egg situation with tariff hike In August this year, Mittal had described 16 GB data consumption a month for Rs 160 as a tragedy. Copyright © 2021. Background A best practice tariff (BPT) was introduced in 2012/13 to encourage take up of ambulatory emergency care for several clinical scenarios who are currently admitted and stay overnight – for c. trade without tariffs, quotas or other restrictions. The term free trade can be best described as a. the government promotion of private businesses. Which BEST describes the ways the United States' tariff policies between 1816 and 1860 contributed to the South's secession and the Civil War? Tariff best describes a tax paid on imported goods. B. a government payment to domestic producers to enable them to sell competitively in world markets. Ambulatory care can be described as a mindset – a working assumption is made that the patient will not need a bed.   Privacy Budgeting. O a tax on sales of an imported good. On Friday, China announced new tariffs on $75 billion worth of imported American goods, and a resumption of the 5% tariff on automotive parts. Question 4 1 pts A tariff can best be described as ... a law which sets a limit on the amount of a good which can be imported. B. a government payment to domestic producers to enable them to sell competitively in world markets. Biden said he wants to consult with traditional U.S. allies in Asia and Europe "so we can develop a coherent strategy" before making a move on tariffs, according to the Times. Extra tariffs are still in place on some $370 billion worth of Chinese goods, and $62.16 billion in duties have been collected since July 2018, U.S. Customs data show. One possibility is that a tariff may be passed on to producers and consumers in the form of higher prices. A tariff can best be described as: A. an excise tax on an imported good. Which word describes you best? SolveAssignments - Powered by SolveAssignments, What are you looking for? If the economy is opened to free trade, the price and quantity sold of this, is the world price of that product. Once you lock the files, freelancer cannot add a new file or delete any uploaded files. B. a tax on sales of an exported good. trading is generally prohibited by high transactions costs. Setting Goals How to Make a Budget Best Budgeting Apps Managing … This page contains the chapter-by-chapter listing of the Harmonized Tariff Schedule and general notes. This means that complex two tier tariffs will no longer be allowed. 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