tariff : Idioms & Phrases


general agreement on tariffs and trade

  • noun a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas
    GATT.
WordNet

Protective tariff

  • noun a tariff imposed to protect domestic firms from import competition
WordNet
  • (Polit. Econ.), a tariff designed to secure protection (see Protection, 4.), as distinguished from a tariff designed to raise revenue. See Tariff, and Protection, 4.
Webster 1913

revenue tariff

  • noun a tariff imposed to raise revenue
WordNet