Scientific Tariff

Scientific tariff in Global Commerce Policy

In this regard, a definition of this issue is as follows: the ideal set of tariff rates sought over the years by many governments. The entries on trade policy are here. Its aim would be to ensure that one’s products can compete internationally on an equal basis with those of others, to promote employment at home and to offset perceived unfair trading practices by others. No country has yet succeeded in formulating a scientific tariff, though not for want of effort. The entries on trade policy are here. In any case, even if it could be devised, it would be in direct conflict with the ideas of the international division of labour and comparative advantage, and in this way negate the advantages of efficiencies available elsewhere.[1]

Scientific tariffin the wold Encyclopedia

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

Resources

Notes and References

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

See Also