Difference between revisions of "Levy"

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(Created page with "The USDA defines levy as an import charge assessed by a country or group of countries not in accordance with a definite tariff schedule. The "variable import levy" of the Eur...")
 
 
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The [[USDA]] defines levy as an import charge assessed by a country or group of countries not in accordance with a definite tariff schedule. The "variable import levy" of the European Community was an example. The EC’s levy on grains varied from day to day, depending on the offering price of third-country suppliers. In USDA’s view the variable import levy is a nontariff trade barrier because, unlike a moderate customs [[duty]] or even a quota, it can completely bar imports. The [[Uruguay Round]] Agreement on Agriculture resulted in the replacement of variable levies by fixed tariffs.  
 
The [[USDA]] defines levy as an import charge assessed by a country or group of countries not in accordance with a definite tariff schedule. The "variable import levy" of the European Community was an example. The EC’s levy on grains varied from day to day, depending on the offering price of third-country suppliers. In USDA’s view the variable import levy is a nontariff trade barrier because, unlike a moderate customs [[duty]] or even a quota, it can completely bar imports. The [[Uruguay Round]] Agreement on Agriculture resulted in the replacement of variable levies by fixed tariffs.  
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[[Category: Agriculture]]
 
[[Category: Agriculture]]
 
[[Category: Political Science]]
 
[[Category: Political Science]]

Latest revision as of 14:34, 23 October 2019

The USDA defines levy as an import charge assessed by a country or group of countries not in accordance with a definite tariff schedule. The "variable import levy" of the European Community was an example. The EC’s levy on grains varied from day to day, depending on the offering price of third-country suppliers. In USDA’s view the variable import levy is a nontariff trade barrier because, unlike a moderate customs duty or even a quota, it can completely bar imports. The Uruguay Round Agreement on Agriculture resulted in the replacement of variable levies by fixed tariffs.

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