International trade eco

International trade eco - Ad Valorem Tariff- a percent of...

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20:22 International trade Tariffs- a tax levied upon a product when it crosses a national border Rationale: Revenue for the government Protection for… Types of Tariffs Specific tariff- a fixed amount of money per physical amount
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Unformatted text preview: Ad Valorem Tariff- a percent of the value Compound tariff Quotas- government imposed absolute limit on quantity of goods imported BAD FOR AMERICA! Valid Arguments Smoot Hawley Tariff- 1930 20:22 20:22...
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This note was uploaded on 01/18/2012 for the course ECON 201 taught by Professor C.liedholm during the Summer '07 term at Michigan State University.

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International trade eco - Ad Valorem Tariff- a percent of...

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