Meaning of “revenue tariff” in the English Dictionary


"revenue tariff" in Business English

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revenue tariffnoun [ C ]

uk us

TAX, ECONOMICS a tax on imported goods that has the purpose of making money for the country that imports them:

If a country imposes the maximum revenue tariff, can it be expected to improve the welfare of its people?

(Definition of “revenue tariff” from the Cambridge Business English Dictionary © Cambridge University Press)