The duty associated with imported goods that does not take into consideration the effect of inflation or other taxes. As such it is not a true reflection of the price at the time of import. It is also referred to as effective tariff rate.
The duty associated with imported goods that does not take into consideration the effect of inflation or other taxes. As such it is not a true reflection of the price at the time of import. It is also referred to as effective tariff rate.
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