TARIFF LAWS/ 5 AND 7

THESE ARE TAXES LEVIED ON GOODS ENTERING OR EXITING A COUNTRY

(a)  

A KIND OF TARIFF THAT PROTECT DOMESTIC PRODUCERS

(a)  

A KIND OF TARIFFS THAT RAISE REVENUE FOR THE GOVERNMENT

(a)  

TYPE OF TARIFFS THAT LEVY A FIXED DUTY ON A GOOD

(a)  

THESE ARE LEGAL INSTRUMENTS THAT FORM AN INTEGRAL PART OF THE

GATT AND WTO AGREEMENT

(a)  

A TYPE OF TARIFFS THAT ARE BASED ON A PERCENTAGE OF THE GOODS VALUE

(a)  

A COMBINATION OF AD VALOREM AND SPECIFIC TARIFFS

(a)  

THE MAXIMUM TARIFFS THAT CAN BE APPLIED BY A MEMBER FOR A

PARTICULAR PRODUCT, AS WELL AS OTHER TARIFF AND NON-TARIFF CONCESSIONS

(a)  

ONE OF THE MAIN WTO TOOLS TO ENSURE TRANSPARENCY, SECURITY AND

PREDICTABILITY FOR WORLD TRADE

(a)  

REFERS TO A MAXIMUM LIMITS ON TARIFFS ON PRODUCTS COMMITTED BY

THE PHILIPPINES TO THE WTO UNDER THE URUGUAY ROUND

(a)