Instruct: Given a question, retrieve documents that can help answer the question.
Query: What's a tariff?
A tariff is a tax on imports or exports between sovereign states. It is a form of regulation of foreign trade. It is a policy that taxes foreign products to encourage or protect domestic industry. It helps limit trade deficits. The tariff is historically used to protect infant industries and to allow import substitution industrialization.
Trade deficits mean that consumers buy too much foreign goods and too few domestic products. According to Keynesian theory, trade deficits are harmful. Countries that import more than they export weaken their economies. As the trade deficit increases, unemployment or poverty increases and GDP slows down. And surplus countries getting richer at the expense of deficit countries. They destroy the production of their trading partners. John Maynard Keynes thought that surplus countries should be taxed to avoid trade imbalances. The tariff is used to equalize the trade balance in order to protect domestic workers. Peter Temin explain that "a tariff is an expansionary policy, like a devaluation as it diverts demand from foreign to home producers".
The World Trade Organization's predecessor, the General Agreement on Tariffs and Trade (GATT), was established after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation – notably the Bretton Woods institutions known as the World Bank and the International Monetary Fund. A comparable international institution for trade, named the International Trade Organization was successfully negotiated. The ITO was to be a United Nations specialized agency and would address not only trade barriers but other issues indirectly related to trade, including employment, investment, restrictive business practices, and commodity agreements. But the ITO treaty was not approved by the U.S. and a few other signatories and never went into effect.
The preliminary determination directs U.S. Customs and Border Protection to require cash deposits for the duties on all new imports as well as softwood products imported over the past 90 days. To remain in effect, however, the duties need to be finalized by Commerce and then confirmed by the U.S. International Trade Commission after an investigation that includes testimony from both sides. In response, the Canadian federal government indicated that it was exploring the possibility of banning United States coal from being exported through Canadian ports and imposing a retaliatory tariff on lumber exports from Oregon.
Tobin's more specific concept of a "currency transaction tax" from 1972 lay dormant for more than 20 years but was revived by the advent of the 1997 Asian Financial Crisis. In December, 1997 Ignacio Ramonet, editor of "Le Monde Diplomatique", renewed the debate around the Tobin tax with an editorial titled "Disarming the markets". Ramonet proposed to create an association for the introduction of this tax, which was named ATTAC (Association for the Taxation of financial Transactions for the Aid of Citizens). The tax then became an issue of the global justice movement or alter-globalization movement and a matter of discussion not only in academic institutions but even in streets and in parliaments in the UK, France, and around the world.
A paywall is a method of restricting access to content via a paid subscription. Beginning in the mid-2010s, newspapers started implementing paywalls on their websites as a way to increase revenue after years of decline in paid print readership and advertising revenue. In academics, research papers are often subject to a paywall and are available via academic libraries that subscribe.
The United States Constitution provides that Congress "shall have the power to lay and collect Taxes, Duties, Imposts, and Excises ... but all Duties, Imposts, and Excises shall be uniform throughout the United States." Prior to amendment, it provided that "No Capitation, or other direct, Tax shall be Laid unless in proportion to the Census ..." The 16th Amendment provided that "Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." The 10th Amendment provided that "powers not delegated to the United States by this Constitution, nor prohibited to the States, are reserved to the States respectively, or to the people."
In 1972 the economist James Tobin proposed a tax on all spot conversions of one currency into another. The so-called Tobin tax is intended to put a penalty on short-term financial round-trip excursions into another currency. Tobin suggested his currency transaction tax in 1972 in his Janeway Lectures at Princeton, shortly after the Bretton Woods system effectively ended. In 2001, James Tobin looked back at the 1994 Mexican peso crisis, the 1997 Asian financial crisis, and the 1998 Russian financial crisis, and said: "[My proposed] tax [idea] on foreign exchange transactions... dissuades speculators as many investors invest their money in foreign exchange on a very short-term basis. If this money is suddenly withdrawn, countries have to drastically increase interest rates for their currency to still be attractive. But high interest is often disastrous for a national economy, as the nineties' crises in Mexico, South East Asia and Russia have proven..."
The U.S. Government classifies Puerto Rico as an independent taxation authority by Federal Law codified on the Title 48 of the United States Code as . Puerto Rico residents are required to pay U.S. federal taxes, import/export taxes, federal commodity taxes, social security taxes etc. Individuals working with the Federal Government pay federal income taxes while the rest of the residents are required to pay federal payroll taxes (Social Security and Medicare), as well as Commonwealth of Puerto Rico income taxes. All federal employees, plus those who do business with the federal government, in addition to Puerto Rico-based corporations that intend to send funds to the U.S., and some others also pay federal income taxes. In 2009, Puerto Rico paid into the US Treasury. That was more than paid by the state of Vermont, and about the same as paid by the states of Wyoming, Montana, and North Dakota. It was also over six times more than all U.S. Armed Service members overseas and all other U.S. territories combined.
The scorched-earth defense is a form of risk arbitrage and anti-takeover strategy.
The Arctiinae (formerly called the family Arctiidae) are a large and diverse subfamily of moths, with around 11,000 species found all over the world, including 6,000 neotropical species. This group includes the groups commonly known as tiger moths (or tigers), which usually have bright colours, footmen, which are usually much drabber, lichen moths, and wasp moths. Many species have "hairy" caterpillars that are popularly known as woolly bears or woolly worms. The scientific name of this subfamily refers to this hairiness (Gk. αρκτος = a bear). Some species within the Arctiinae have the word “tussock” in their common name due to people misidentifying them as members of the Lymantriinae based on the characteristics of the larvae.
The Task Force defines terrorism as "a tactic or technique by means of which a violent act or the threat thereof is used for the prime purpose of creating overwhelming fear for coercive purposes". It classified disorders and terrorism into six categories:
The Prediction and Research Moored Array in the Atlantic, also known as PIRATA, is a system of moored observation buoys in the tropical Atlantic Ocean which collect meteorological and oceanographic data. The data collected by the PIRATA array helps scientists to better understand climatic events in the Tropical Atlantic and to improve weather forecasting and climate research worldwide. Climatic and oceanic events in the tropical Atlantic, such as the Tropical Atlantic SST Dipole affect rainfall and climate in both West Africa and Northeast Brazil. The northern tropical Atlantic is also a major formation area for hurricanes affecting the West Indies and the United States. Alongside the RAMA array in the Indian Ocean and the TAO/TRITON network in the Pacific Ocean, PIRATA forms part of the worldwide system of tropical ocean observing buoys.
The General Agreement on Tariffs and Trade (GATT) was created in 1947 after World War II in an attempt to encourage and
regulate a global Free Trade market. This agreement between countries later evolved into the World Trade Organization following the Uruguay Round of 1994, With the goals of lowering Tariffs and taxes worldwide, the
committee is designed to voice the opinions and needs of all countries big and small. Of the larger topics
that is constantly addressed is an Open Market on crops and food. This committee has helped
Developing Countries enter a new era of a worldwide sharing and trading of goods. In Doha, Qatar, in 2001, the World Trade Organization met to discuss the potential of a
new focus upon the development and progression of developing countries concerning their free, open
markets on top of abolishing certain lingering agreements. These agreements included
tariffs, taxes, and agreements concerning trade of goods (specifically food such as grain, corn, and
tobacco).
Residents of Puerto Rico pay U.S. federal taxes: import and export taxes, federal commodity taxes, social security taxes, thereby contributing to the American Government. Most Puerto Rico residents do not pay federal income tax but do pay federal payroll taxes (Social Security and Medicare). However, federal employees, those who do business with the federal government, Puerto Rico–based corporations that intend to send funds to the U.S. and others do pay federal income taxes. Puerto Ricans may enlist in the U.S. military. Puerto Ricans have participated in all American wars since 1898; 52 Puerto Ricans had been killed in the Iraq War and War in Afghanistan by November 2012.
Caraga Region is one of the regions notably located in the eastern seaboard of the Philippines. With its geographic location facing the Pacific Ocean and famous Philippine Trench, the Region is prone to various weather conditions and geologic phenomenon like, but not limited to, typhoon, tsunami and other coastal surges and seismic activities. With these, DENR-MGB13 is expeditiously utilizing its human and financial resources to generate geohazard maps as necessary source of information to spatial planners and other government and non-government agencies working for public safety and disaster management.
Malware (a portmanteau for malicious software) is any software intentionally designed to cause damage to a computer, server, client, or computer network. Malware does the damage after it is implanted or introduced in some way into a target's computer and can take the form of executable code, scripts, active content, and other software. The code is described as computer viruses, worms, Trojan horses, ransomware, spyware, adware, and scareware, among other terms. Malware has a malicious intent, acting against the interest of the computer user—and so does not include software that causes unintentional harm due to some deficiency, which is typically described as a software bug.
Tartaric acid is, from a winemaking perspective, the most important in wine due to the prominent role it plays in maintaining the chemical stability of the wine and its color and finally in influencing the taste of the finished wine. In most plants, this organic acid is rare, but it is found in significant concentrations in grape vines. Along with malic acid, and to a lesser extent citric acid, tartaric is one of the fixed acids found in wine grapes. The concentration varies depending on grape variety and the soil content of the vineyard. Some varieties, such as Palomino, are naturally disposed to having high levels of tartaric acids, while Malbec and Pinot noir generally have lower levels. During flowering, high levels of tartaric acid are concentrated in the grape flowers and then young berries. As the vine progresses through ripening, tartaric does not get metabolized through respiration like malic acid, so the levels of tartaric acid in the grape vines remain relatively consistent throughout the ripening process.
New Taiwan dollar (; code: TWD; symbol: NT$, also abbreviated as NT) is the official currency of the Republic of China (ROC) used in Taiwan Area. Formally, one dollar () is divided into ten dimes (), and to 100 cents (), although cents are never used in practice. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. There are a variety of alternative names to the units in Taiwan. The unit of dollar is usually written in simpler form as . Colloquially, the currency unit usually called (kuài, literally "piece") in Mandarin, (kho͘, literally "hoop") in Taiwanese Hokkien, and (ngiùn, literally "silver") in Hakka.
A retail cashier or simply a cashier is a person who handles the cash register at various locations such as the point of sale in a retail store. The most common use of the title is in the retail industry, but this job title is also used in the context of accountancy for the person responsible for receiving and disbursing money or within branch banking in the United Kingdom for the job known in the United States as a bank teller.
Simplified it could be called the ost of a good sold by a wholesaler. The wholesaler will usually charge a price somewhat higher than he or she paid to the producer, and the retailer who purchases the goods from the wholesaler will increase the price again when they sell the good in their store. That price is usually called the manufacturer's suggested retail price (MSRP), list price or recommended retail price (RRP) of a product and is the price which the manufacturer recommends that the retailer sell the product for. The retail price is normally around 2.5 to 3 x the trade or wholesale price, depending on the mark up of the retailer since the retailer really needs this markup to cover their own higher overheads such as the shop rent, taxes, business rates and staff.
A tariff-rate quota (TRQ) is a two-tiered international trade tariff that combines two policy instruments used historically to protect domestic production by restricting imports−Import quotas and tariffs. The quotas set a quantitative threshold for a designated time period for imports of a protected domestic product. Under that threshold, tariffs applied to imports are either very low or nonexistent. Over that threshold, imports are subject to a significantly higher tariff that is intentionally prohibitive. TRQs have been required by the World Trade Organization (WTO) since the 1995 Uruguay Round Agreement 123 contract party nations engaged in international trade.
An import or export tariff (also called customs duty or impost) is a charge for the movement of goods through a political border. Tariffs discourage trade, and they may be used by governments to protect domestic industries. A proportion of tariff revenues is often hypothecated to pay government to maintain a navy or border police. The classic ways of cheating a tariff are smuggling or declaring a false value of goods. Tax, tariff and trade rules in modern times are usually set together because of their common impact on industrial policy, investment policy, and agricultural policy. A trade bloc is a group of allied countries agreeing to minimize or eliminate tariffs against trade with each other, and possibly to impose protective tariffs on imports from outside the bloc. A customs union has a common external tariff, and the participating countries share the revenues from tariffs on goods entering the customs union.
The letter Ƭ (minuscule: ƭ), called T with hook, is a letter of the Latin alphabet based on the letter t. It is used some alphabets of African languages such as Serer and (in Burkina) Tamasheq.
A water tariff (often called water rate in the United States and Canada) is a price assigned to water supplied by a public utility through a piped network to its customers. The term is also often applied to wastewater tariffs. Water and wastewater tariffs are not charged for water itself, but to recover the costs of water treatment, water storage, transporting it to customers, collecting and treating wastewater, as well as billing and collection. Prices paid for water itself are different from water tariffs. They exist in a few countries and are called water abstraction charges or fees. Abstraction charges are not covered in this article, but in the article on water pricing). Water tariffs vary widely in their structure and level between countries, cities and sometimes between user categories (residential, commercial, industrial or public buildings). The mechanisms to adjust tariffs also vary widely.