Types of tariffs and trade barriers

Types of tariffs

There are various types of tariffs followed:

  1. Flat demand tariff
  2. Simple tariff
  3. Flat rate tariff
  4. Block rate tariff
  5. Two part tariff
    • Fixed charge
    • Variable charge
  6. Three part tariff
    • Fixed charge
    • Semi fixed charge
    • Variable charge
  7. Maximum demand tariff
  8. Specific tariff
    • Time of day tariff (TOD)
    • Off peak day tariff
  9. power factor tariff
    • kVA maximum demand tariff
    • kWh and kVARh tariff
    • Sliding scale tariff
  10. Load Factor tariff

Trade barriers

The trade barriers can be broadly divided into two broad groups:

  1. Tariff Barriers
  2. Non-tariff Barriers

Tariff barriers are as follows:

  1. Specific duty
  2. Ad valorem duty combined or compound duty
  3. Sliding scale duty
  4. Countervailing duty
  5. Revenue tariff
  6. Anti-dumping duty
  7. Protective tariff

Non-tariff barriers are as follows:

  1. Quota System
    • Tariff/Customs quota
    • Unilateral quota
    • Bilateral quota
    • Multilateral quota
  2. Product standard
  3. Domestic content requirements
  4. Product labeling:
  5. Packaging requirements
  6. Consular formalities
  7.  State trading
  8. Preferential arrangements
  9. Foreign exchange regulations

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