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What Is Protective Tariff?

2010/4/22 15:32:00 19

What Is Protective Tariff? What Is Protective Tariff?


保護關稅(Protective Tariff):


It refers to tariffs imposed on the protection of domestic industries or agricultural development.

The higher the tariff rate is, the higher the protection rate will be.

Sometimes a tax rate of more than 100% is equal to the prohibition of import, which is called tariff prohibition.

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