Tariff Anomaly

Tariff anomaly in Global Commerce Policy

In this regard, a definition of this issue is as follows: used by some to refer to what is commonly known as tariff escalation, i.e. the tariff rate on raw materials or semi-finished products is lower than on the finished product made of these materials in order to encourage domestic manufacturing. For others, a tariff anomaly is precisely the opposite, i.e. the tariff rate on raw materials and semi-finished products is higher then the rate levied on the finished product.[1]

Tariff anomalyin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Tariff anomaly” entry (OAS)

See Also