specific commodities

specific commodities;
financial transactions;
estates
Export duty Import duty
(goods are taken away)
(goods from abroad)

The functions of customs duty
Fiscal
Protectionist
Balancing

Ad valorem
as a percentage of the customs value of goods
(usually to raw materials and foodstuffs)
Combined
Ad valorem + Specific
Specific
a specific amount of money per unit of product
(tend to the finished product)
Special
as a protective measure against the importation

Antidumping
to protect the domestic market from imports at dumped prices
Compensation
introduced on imported goods for which are used state subsidies
Seasonal
for products, production and sale of which vary dramatically throughout the year

Import duty
The types:
Estimated
Liquidated
Marking
Countervailing
Anti-dumping
The concept:
higher product quality
lower price
the importation of goods that are not available in the local market

Pros and cons of customs duties
«+»
revenues to the treasury
protection of domestic producers
«-»
complicated relations with the countries
less variety of goods
fewer imports