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Refugee settlement was a considerable economic strain. Partition divided India into complementary economic zones. Under the British, jute and cotton were grown in the eastern part of Bengal (East Pakistan, after 1971, Bangladesh), but processing took place mostly in the western part of Bengal, which became the Indian state of West Bengal. As a ...
1685 – 10% tariff on import of East Indian goods [1] 1690 – The Impost of 1690 - upon East India Goods, wrought silk, and other foreign commodities, in all 55 in number - 20% tariff on import of East Indian goods [1] 1700 (11 Will. 3)- An act for the more effectual employing the poor, by encouraging the Manufacturers of this Kingdom.
In economics, the Metzler paradox (named after the American economist Lloyd Metzler) is the theoretical possibility that the imposition of a tariff on imports may reduce the relative internal price of that good. [1] It was proposed by Lloyd Metzler in 1949 upon examination of tariffs within the Heckscher–Ohlin model. [2]
The main economic issues that arise with tariffication stem from the nonequivalence of tariffs in NTBs in a number of scenarios. The issue analyzes nonequivalence arising from the existence of imperfect competition in importing countries, price instability in importing and exporting countries, and inefficient allocation of quantitative restrictions.
In modern history, generally starting at the mid-20th century, the use of tariffs has been largely diminished in favor of the rise of international trade. [8] Beginning in 2017, the Trump administration began to impose tariffs on several of nations that were involved in trade deals with the United States.
Rules of origin are the rules to attribute a country of origin to a product in order to determine its "economic nationality". [1] The need to establish rules of origin stems from the fact that the implementation of trade policy measures, such as tariffs, quotas, trade remedies, in various cases, depends on the country of origin of the product at hand.
Thinopyrum obtusiflorum is a species of grass known by the common names tall wheatgrass, [1] rush wheatgrass, and Eurasian quackgrass.It is native to Eurasia and it has been introduced to many other parts of the world, including much of the Americas and Australia.
Sorghastrum nutans, known as Indiangrass, [2] [3] is a North American prairie grass found in the United States and Canada, especially in the Great Plains and tallgrass prairies. It is sometimes called Indian grass [4], yellow Indian-grass, [2] or wood grass. [5]