Average Tariff

Average tariff in Global Commerce Policy

In this regard, average tariff is: a device used to give an informative picture at a glance of a complete tariff schedule, which will usually have troughs and peaks, in a single average rate. The entries on trade policy are here. It is the unweighted mean of either all applied or all bound rates. Such rates are also used for comparing the treatment of product sectors in different countries. See also applied tariff rates, bindings, peak tariffs and trade-weighted average tariff.[1]

Average tariffin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Average tariff” entry (OAS)

See Also