Nominal Tariff

Nominal tariff in Global Commerce Policy

In this regard, a definition of this issue is as follows: the tariff rate appearing in a country’s tariff schedule for a given product. The entries on trade policy are here. It may differ from the applied tariff rates (the tariff rate actually levied by the customs administration when the product is imported). See also bindings (goods).[1]

Nominal tariffin the wold Encyclopedia

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

Resources

Notes and References

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

See Also