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Variable levy

Customs duty rate which varies in response to domestic price criterion.

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Related terms

variable levy
Economy; International trade

Customs duty rate which varies in response to domestic price criterion.

variable levy
Economy; International economics

A tax on imports that varies over time so as to stabilize the domestic price of the imported good. Essentially, the tax is set equal to the difference between the target domestic ...

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To impose and collect by force or threat of force.

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1. To impose and collect a tax or tariff. 2. A tax or tariff.

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An attachment to satisfy a tax debt or a court judgment.

United Nations Center for International Trade Law (UNCITRAL)
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An international body that drafts model laws such as the one on government procurement.

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Economy; International trade

Multilateral trade negotiations launched at Punta del Este, Uruguay in September 1986 and concluded in Geneva in December 1993. Signed by Ministers in Marrakesh, Morocco, in April ...

voluntary restraint arrangement (VRA)
Economy; International trade

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World Customs Organization (WCO)
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A multilateral body located in Brussels through which participating countries seek to simplify and rationalize customs procedures.

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