Good chosen: Watermelon Import duty rates: When imported from Dec 1 - March 31 : 9%...
Good chosen: Watermelon
Import duty rates:
When imported from Dec 1 - March 31 : 9%
When imported at any other time: 17%
1-Do you think the that the tariff rates differential is appropriate?
Homework Answers
Yes, the rate differential is appropriate. Watermelon is not a good consumed during colder months. Hence, having a higher rate of import duty for warmer months is justified to balance the competition with the domestic industry. As December to March i.e the colder months, there isn't going to be much competition from domestic industry, hence, the rates have been kept lower.
Add Answer to:
Good chosen: Watermelon
Import duty rates:
When imported from Dec 1 - March 31 : 9%...
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