What is tariff? Why is it imposed on goods? -SST 10th

1 Answer

Answer :

Tariff is a tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.

Related questions

Description : What is a tariff? Why is it imposed on goods? -SST 10th

Last Answer : A tariff is a tax imposed on goods when they are moved across a political boundary.Mostly, they are imposed on imported commodities. Tariffs are imposed on goods (i) To protect infant industries of the home country. (ii) To prevent the dumping of foreign countries. (iii) A source of revenue.

Description : When tariff is imposed on imports which of the following will increase? (a) Domestic output. (b) Domestic demand. © Domestic price. (d) Domestic consumption.

Last Answer : © Domestic price.

Description : A tariff is: A. Restriction on the number of export firms B. Limit on the amount of imported goods C. Taxation on imports D. (b) and (c) as mentioned above

Last Answer : Taxation on iTaxation on importsmports

Description : Name the tax which was imposed on the goods in the country?

Last Answer : Tariff

Description : 'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : (4) All of the above Explanation: Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a ... protect businesses and workers within a country by restricting or regulating trade with foreign nations.

Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.

Description : What is Integrated Goods and Services Tax? (A) Tax on international trade (B) Tax imposed on interstate trade (C) Tax imposed on value additions to exports (D) Tax imposed on imported goods and services

Last Answer : (B) Tax imposed on interstate trade

Description : What is Integrated Goods and Services Tax? (A) Tax imposed on imported goods and services (B) Tax imposed on value additions to exports (C) Tax imposed on interstate trade (D) Tax on international trade

Last Answer : (C) Tax imposed on interstate trade

Description : ‘PROTECTION’ means (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : All of the above

Description : What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods 

Last Answer : A single tax that replaces State taxes like, surcharge, turnover tax, etc. 

Description : Mention any five restrictions imposed by the British government upon the Indian merchants In the 19th century. -SST 10th

Last Answer : (i) The spare within which Indian merchants could function, became limited. (ii) They were barred from Trading with Europe in manufactured goods. (iii) They had to export mostly raw materials ... (v) Till the First World War,European Managing Agencies controlled a large sector of Indian industries.

Description : What restrictions were imposed by the Vernacular Press Act on the Indian Press ? Explain. -SST 10th

Last Answer : (i) The British government began to perceive vernacular newspapers as a threat to its rule. This led to the enactment of Vernacular Press Act in 1878. (ii) It provided the government with extensive ... (v) For the second mistake, there was provision to seize the press and confiscate the machinery.

Description : What restrictions were imposed by the Vernacular Press Act on the Indian Press? Explain -SST 10th

Last Answer : 'This answer was deleted by our moderators...

Description : Why are trade barriers imposed on the foreign trade and investment in a country? -SST 10th

Last Answer : Trade barriers are used by the governments - . To increase, decrease or regulate foreign trade. . To decide what kinds of goods and how much of each, should come into the country. . To protect the producers within the country from foreign competition.

Description : Why was the Rowlatt Act imposed ? -SST 10th

Last Answer : The Rowlatt Act (1919) was passed by the British Government with the aim of coming to political power. According to this act, the government could control political activities and detain political prisoners for two years without any trials.

Description : Mention any three restrictions imposed by the British government upon the Indian merchants in the 19th century? -SST 10th

Last Answer : The British Government in the 19th century tighteneed their control over Indian merchants. (i) They were barred from trading with Europe in manufactured goods. (ii) They had to ... all investment and business decision. Indian businessmen were not allowed to join European merchant, industrialists.

Description : Give instances to show how Sri Lanka has imposed ‘majoritarianism’. -SST 10th

Last Answer : (i) Sri Lanka had a 74% population of Sinhala-speaking people. From the day it became independent, it imposed the majority rule in Sri Lanka. (ii) It changed the Constitution to make Sinhala ... jobs to Sinhala-speaking people. (iv) It also gave no importance to Hinduism, Islam or Christianity.

Description : What restrictions were imposed by the Vernacular Press Act on the Indian Press? Explain. -SST 10th

Last Answer : In 1878, the Vernacular Press Act was passed. It provided the government with intensive rights to censor reports and editorials in the vernacular press. The government kept regular track of the ... the warning was ignored, the press was liable to be seized and the printing machinery confiscated.

Description : Mention any three restrictions imposed by the British Government upon the Indian merchants in the 19th Century? -SST 10th

Last Answer : Restrictions imposed by the British Government upon the Indian merchants were: (i) The colonial control over Indian trade tightened and space within which Indian merchants could function became limited. (ii ... and food grains. (iv) They were also gradually edged out of the shipping business.

Description : What restrictions were imposed by the Vernacular Press Act on the Indian Press? -SST 10th

Last Answer : (i) The Vernacular Press Act provided the government with extensive rights to censor reports and editorials in the vernacular press. (ii) The government kept regular track of the vernacular ... was ignored, the press was liable to be seized and the printing machinery could be confiscated.

Description : What penalty was imposed on ‘Carlos Smith and Norman’ for their action at the 1968 Mexico Olympics? -SST 10th

Last Answer : (i) The International Olympics Committee took back the medals of Carlos and Smith. (ii) There was a severe criticism of Carlos and Smith in the USA. (iii) Norman was not included in the Australian team for the next Olympics.

Description : State one limitation imposed on the powers of the President -SST 10th

Last Answer : The Constitution prescribes that the President shall act in accordance with the advice rendered by the Council of Ministers headed by a Prime Minister. The advice so rendered shall be binding on the President.

Description : How is the security of U.S related to tariff or not on steel and aluminium from Canada?

Last Answer : It’s not really…

Description : What is the tariff if an american textile company wants to sell to china?

Last Answer : answer:I found this article: http://www.sinomania.com/CHINANEWS/china-wto.html

Description : How can we find best destination in Ranikhet Hotels with Tariff?

Last Answer : If you are planning to enjoy your vacation, honeymoon in Ranikhet, then many five star Ranikhet Hotels are available for tourists to stay in Ranikhet. The management systems of these hotels have ... nature, after realizing that you will forget the conditions of cultural life.Ranikhet has the best

Description : What is Tariff ?

Last Answer : Answer : The amount that the power company charges per unit ( kWH) of electricity is called electricity tariff or tax.

Last Answer : tariff or price list

Last Answer : Bangladesh ranks 22nd in Asia in terms of non-tariff barriers.

Description : I am a ZTP holder and I am a senior 86 years old, am I entitled to a cheaper tariff for a mobile phone and a landline? Thanks for the anwers.

Last Answer : see here: http://www.klarapomaha.cz/vyhody-pro-drzitele-prukazu-ztpp/

Description : What region benefited most from the early 19th century economic policies in the US such as the tariff act of 1816?

Last Answer : Need answer

Description : Why was the protective tariff put in lace?

Last Answer : Need answer

Description : How did a Protective Tariff benefit American businesses and merchants?

Last Answer : A protective tariff is a duty or import tax placed on an importto create an even playing field for domestic manufacturers ofsimilar goods. It effectively raises the price of the importedgood.

Description : How did high tariff damage the us economy?

Last Answer : By angering foreign trade partners

Description : How did South Carolina react to Congress and lowering of the tariff in 1832?

Last Answer : they were happy

Description : How the conflict over the Tariff of 1828 was resolved?

Last Answer : What is the answer ?

Description : What section of the country liked the new tariff?

Last Answer : What is the answer ?

Description : Why did southerners resist the increased tariff in 1828 arguing it should be nulled?

Last Answer : Need answer

Description : How did South Carolina react to Congress and lowering of the tariff in 1832?

Last Answer : they were happy

Description : What was John c calhouns reaction to the tariff of 1828?

Last Answer : Image courtesy of the Library of Congress John C. Calhoun of South Carolina ... Later that year in response to the tariff, Vice President John C. Calhoun of South ...

Description : Which region benefited most from early 19th century economic policies in the United States such as the Tariff Act of 1816?

Last Answer : The North

Description : What issue was at the center of the debate about the tariff law of 1828?

Last Answer : What issue was at the center of the debate about the tariff law of 1828?

Description : What issue was at the center of the debate about the tariff law of 1828?

Last Answer : What issue was at the center of the debate about the tariff law of 1828?

Description : The most important of the non-tariff trade barriers are : (1) Quotas (2) Health regulations (3) Pollution standards (4) Labelling and packaging regulations

Last Answer : (1) Quotas Explanation: Non-tariff barriers to trade (NT13s) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NT13's are ... they are deemed necessary to protect health, safety, or sanitation, or to protect depletable natural resources.

Description : What are the various types of tariff?

Last Answer : 1. Simple tariff 2. Flat rate tariff 3. Block rate tariff 4. Two-part tariff 5. Maximum demand tariff 6. Power factor tariff 7. Three-part tariff

Description : What is tariff?

Last Answer : The rate at which electrical energy is supplied to a consumer is known as tariff. The tariff should include the following items: (i) Recovery of cost of producing electrical energy at the power ... of cost of operation and maintenance of supply (iv) A suitable profit on the capital investment.

Description : What is three part tariff?

Last Answer : The total charge comprised of fixed charge made during billing period, charge per kW of maximum demand and charge per kWh of energy consumed.

Description : What are the important types of power factor tariff?

Last Answer : (i) kVA maximum demand tariff (ii) sliding rate tariff (iii) kWh and kVAR tariff

Description : What are the objectives of tariff?

Last Answer : Electrical energy is sold at such a rate so that it not only returns the cost but also earns reasonable profit. Therefore, a tariff must cover the following items: transmitting and distributing equipment. equipment. costs etc.

Description : An article is not eligible for concessional rates of Postal tariff under printed books if it contain a) Any book packet containing printed books without advertisement b) Any printed ... & inscription reproduced by mean of printing. d) Books containing wholly or substantially reading matter

Last Answer : b) Any printed publication published at regular interval

Description : Flat rate parcel rates Flat Rate Parcel Boxes size Dimension of boxes (in mm) Weight (in Kg.) Tariff (in Rs.) Small - S 250*50*300 0 to 1 125 Medium - M 250*100*300 Above 1 to 2.5 200 Large - L 300*250*200 Above 2.5 to 5 400

Last Answer : Large - L 300*250*200 Above 2.5 to 5 400