Variable Levies
Variable levies in Global Commerce Policy
In this regard, variable levies is: customs duty rates which vary in response to domestic criteria. They are intended to ensure that the price of a product on the domestic market remains unchanged regardless of price fluctuations in world markets and always well above world prices. Variable levies are a feature of the Common Agricultural Policy. See also Chicken War and oilseeds case for examples of trade tension caused by the introduction of variable levies.[1]
Variable leviesin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Variable levies” entry (OAS)
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