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Tariffs and Import Duties Impact on Australian Economy

   

Added on  2024-04-26

10 Pages649 Words406 Views
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Tariffs and import
duties
Australian Economy
Tariffs and Import Duties Impact on Australian Economy_1

Table of content
• Introduction
• Types of tariff and import duties
• Affects on Industries
• Affects on Economy
• Measuring tariff rates
• Costs and benefits of a tariff
• Conclusion
• References
Tariffs and Import Duties Impact on Australian Economy_2

Introduction
• In this presentation there is a discussion about
effects of tariffs on Australia’s economy.
• Tariff is a device most used for regulating
trade flows.
• Tariff is used to reduce amount of imports in a
country and increases internal purchases.
• Tariff is designed to generate additional
revenue for local government.
• Tariff affects on industries and is said as
common kind of barrier to trade.
Tariffs and Import Duties Impact on Australian Economy_3

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