revenue tariff


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Related to revenue tariff: protective tariff
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  • noun

Words related to revenue tariff

a tariff imposed to raise revenue

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Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Confederate Virginians, however, realized that a revenue tariff, however low, would offer important incidental protection for a wide range of goods.
To accomplish this end, they recommended a revenue tariff that would provide a moderate degree of protection for infant industries.
Virginia political economist George Tucker produced one of the earliest statements of support for developing "manufactures" in the South through a moderate revenue tariff. Tucker had served as a lawyer, state legislator, and member of Congress before receiving an appointment to a chair of moral philosophy (including political economy) at the University of Virginia in 1825.
Notwithstanding opposition from within South Carolina and the resolutions of a few Southern commercial conventions, a revenue tariff with incidental protection became the middle ground of consensus between the parties and the sections.
A Confederate revenue tariff, on the other hand, would penalize Northern goods but still allow for a vibrant European trade.
The key to securing such "princely treasures" was a moderate revenue tariff that would have a significant protective element.
A Confederate revenue tariff, of course, would provide far less protection for Southern manufactures than antebellum tariffs had given Northern industrialists.
(52) The Confederacy, it appears, never seriously considered taxing exports as a substitute for a revenue tariff.
As a political tactic, the secessionist emphasis on a Confederate revenue tariff may well have backfired.
In conclusion, this paper shows that growth will not necessarily increase the tariff revenue of a country, assuming that the country always imposes a maximum revenue tariff. If there is an increase in import demand after growth, the maximum tariff revenue will increase.
The maximum revenue tariff is found when the revenue constraint curve is tangent to the foreign offer curve.
(7.) The tariff-distorted offer curve (not drawn) after country A imposes the maximum revenue tariff will pass through point N.
Tower, Edward, "Ranking the Optimum Tariff and the Maximum Revenue Tariff," Journal of International Economics, February 1977, pp.
Nowhere is this more evident than in his careful teasing out of Conservative and Liberal party positions on the tariff: on the one hand, the Conservatives were hesitant to embrace protectionism as long as renewal of reciprocity was still possible (and preferable to many) but responded quickly when the protectionist fever mounted; the Liberals, on the other hand, tried to steer cautiously (but unsuccessfully) among free trade, reciprocity, revenue tariffs, and selective "incidental protection.' Forster's discussion of the emergent business interest associations is insightful, especially in assessing the qualitative shift in government-business relations from individual special-pleading and political favoritism to group lobbying and policymaking.