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Meaning of "Common External Tariff" in the English dictionary

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PRONUNCIATION OF COMMON EXTERNAL TARIFF

Common External Tariff  [ˈkɒmən ɪkˈstɜːn əl ˈtærɪf] play
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GRAMMATICAL CATEGORY OF COMMON EXTERNAL TARIFF

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Common External Tariff is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES COMMON EXTERNAL TARIFF MEAN IN ENGLISH?

Common external tariff

A common external tariff must be introduced when a group of countries forms a customs union. The same customs duties, import quotas, preferences or other non-tariff barriers to trade apply to all goods entering the area, regardless of which country within the area they are entering. It is designed to end re-exportation; but it may also inhibit imports from countries outside the customs union and thereby diminish consumer choice and support protectionism of industries based within the customs union. The common external tariff is a mild form of economic union but may lead to further types of economic integration. In addition to having the same customs duties, the countries may have other common trade policies, such as having the same quotas, preferences or other non-tariff trade regulations apply to all goods entering the area, regardless of which country, within the area, they are entering. Important examples of common external tariff are that of the Mercosur countries as well as the Common Customs Tariff of the Eurasian Economic Community customs union. Similar to free trade areas, however external countries have to pay tax on goods and services that are entering.

Definition of Common External Tariff in the English dictionary

The definition of Common External Tariff in the dictionary is the common tariff of charges imposed by the members of a customs union on imports from non-members.

WORDS THAT RHYME WITH COMMON EXTERNAL TARIFF


cauldrife
ˈkɔːldrɪf
dandriff
ˈdændrɪf
griff
ɡrɪf
griffe
ɡrɪf
hairif
ˈhɛərɪf
hippogriff
ˈhɪpəʊˌɡrɪf
hippogryph
ˈhɪpəʊˌɡrɪf
logogriph
ˈlɒɡəʊˌɡrɪf
midriff
ˈmɪdrɪf
mutessarif
ˌmuːtəˈsærɪf
nontariff
ˌnɒnˈtærɪf
riff
rɪf
sanserif
sænˈsɛrɪf
serif
ˈsɛrɪf
seriph
ˈsɛrɪf
sheriff
ˈʃɛrɪf
Sherriff
ˈʃɛrɪf
tariff
ˈtærɪf
triff
trɪf
undersheriff
ˈʌndəˌʃɛrɪf

WORDS THAT BEGIN LIKE COMMON EXTERNAL TARIFF

Common Agricultural Policy
common area charges
common assault
common carrier
common chord
common cold
common core
common crab
common currency
common denominator
common divisor
Common Entrance
Common Era

WORDS THAT END LIKE COMMON EXTERNAL TARIFF

biff
Cardiff
cliff
deputy sheriff
feed-in tariff
iff
import tariff
kiff
mastiff
plaintiff
protective tariff
quiff
revenue tariff
Schiff
skiff
sniff
stiff
tiff
whiff
ziff

Synonyms and antonyms of Common External Tariff in the English dictionary of synonyms

SYNONYMS

Translation of «Common External Tariff» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF COMMON EXTERNAL TARIFF

Find out the translation of Common External Tariff to 25 languages with our English multilingual translator.
The translations of Common External Tariff from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «Common External Tariff» in English.

Translator English - Chinese

共同对外关税
1,325 millions of speakers

Translator English - Spanish

Arancel Externo Común
570 millions of speakers

English

Common External Tariff
510 millions of speakers

Translator English - Hindi

आम बाहरी टैरिफ
380 millions of speakers
ar

Translator English - Arabic

تعريفة خارجية مشتركة
280 millions of speakers

Translator English - Russian

Общий внешний тариф
278 millions of speakers

Translator English - Portuguese

Tarifa Externa Comum
270 millions of speakers

Translator English - Bengali

সাধারণ বাহ্যিক ট্যারিফ
260 millions of speakers

Translator English - French

Tarif extérieur commun
220 millions of speakers

Translator English - Malay

Tarif Luar Biasa
190 millions of speakers

Translator English - German

Gemeinsamen Außenzolltarif
180 millions of speakers

Translator English - Japanese

対外共通関税
130 millions of speakers

Translator English - Korean

공통 외부 관세
85 millions of speakers

Translator English - Javanese

Umum External Tariff
85 millions of speakers
vi

Translator English - Vietnamese

Biểu thuế ngoài chung
80 millions of speakers

Translator English - Tamil

பொதுவான வெளிப்புற கட்டணம்
75 millions of speakers

Translator English - Marathi

सामान्य बाह्य दरपत्रक
75 millions of speakers

Translator English - Turkish

Ortak Harici Tarife
70 millions of speakers

Translator English - Italian

Tariffa esterna comune
65 millions of speakers

Translator English - Polish

Wspólna Taryfa Celna
50 millions of speakers

Translator English - Ukrainian

Загальний зовнішній тариф
40 millions of speakers

Translator English - Romanian

Comun extern
30 millions of speakers
el

Translator English - Greek

Κοινό Εξωτερικό Δασμολόγιο
15 millions of speakers
af

Translator English - Afrikaans

Gemeenskaplike eksterne tarief
14 millions of speakers
sv

Translator English - Swedish

Gemensam tulltaxa
10 millions of speakers
no

Translator English - Norwegian

Felles ytre Tariff
5 millions of speakers

Trends of use of Common External Tariff

TRENDS

TENDENCIES OF USE OF THE TERM «COMMON EXTERNAL TARIFF»

The term «Common External Tariff» is normally little used and occupies the 138.454 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
35
/100
The map shown above gives the frequency of use of the term «Common External Tariff» in the different countries.
Principal search tendencies and common uses of Common External Tariff
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «Common External Tariff».

FREQUENCY OF USE OF THE TERM «COMMON EXTERNAL TARIFF» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «Common External Tariff» during the past 500 years. Its implementation is based on analysing how often the term «Common External Tariff» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about Common External Tariff

EXAMPLES

10 ENGLISH BOOKS RELATING TO «COMMON EXTERNAL TARIFF»

Discover the use of Common External Tariff in the following bibliographical selection. Books relating to Common External Tariff and brief extracts from same to provide context of its use in English literature.
1
What's Behind Mercosur's Common External Tariff?
Marcelo Olarreaga, Isidro Soloaga, L. Alan Winters. Non Technical Summary The international trade literature has followed at least two distinct approaches to explain the existence of tariffs. The first one is known as the terms-of-trade approach ...
Marcelo Olarreaga, Isidro Soloaga, L. Alan Winters, 1999
2
The Impact of the Common External Tariff on Jamaica's Beef ...
ABSTRACT THE IMPACT OF THE COMMON EXTERNAL TARIFF ON JAMAICA'S BEEF SECTOR By Eric B. Bailey In the context of liberalization of international trade, the governments of CARICOM countries implemented a policy of a phased ...
Eric Burham Bailey, 2008
3
The Economics of International Integration
The lower the tariffs in country C on exports from country A, the lower will be the export diversion towards country B. The lower the common external tariff, the smaller is the probability that the union partner will replace the most efficient supplier, ...
M. N. Jovanovic, Miroslav N. Jovanovic ́, 2007
4
Essays in Honour of Peter Lloyd
The existing literature has tended to use these intuitively attractive rules as the basis on which customs union members will share common external tariff revenue. Invariably, however, the choice of sharing rule is not justified theoretically.
S. K. Jayasuriya, 2005
5
MERCOSUR Report number 5 : 1998-1999 (Subregional ...
Effects of the common external tariff The common external tariff represented an important structural change in the provision of protection for the production of tradable goods. Although the national tariff had a nominal ceiling of 20% – like the ...
Taccone, Juan José, ed., Nogueira, Uziel, ed.
6
Demystifying the European Union: The Enduring Logic of ...
... peaks (elimination of internal tariffs and quantitative restrictions; institution of the Common External Tariff in 1968) and troughs (breakdown of cooperation among the member governments in response to the oil cartel actions of the 1970s).
Roy H. Ginsberg, 2007
7
The Political Dynamics of European Economic Integration
Treaty; and any adjustments required in order to ensure the internal harmony of the common external tariff with respect to the degree of processing undergone by various products were to be completed by the end of the first stage." Thus the ...
Leon N. Lindberg, 1963
8
Latin America and the Caribbean in the World Economy
... improving regulations for settling trade disputes and strengthening joint negotiations with third parties; the Andean Community is facilitating the fuller reintegration of Peru and has finally adopted a common external tariff, which initially covers ...
United Nations, 2003
9
Proceedings of the Workshop on Global Market Integration and ...
Common External Tariff The common external tariff is what differentiates a customs union from a free trade zone. In free trade zones, such as NAFTA, each country can adjust the level of protection with respect to imports from third countries to ...
10
Chile's Regional Arrangements and the Free Trade Agreement ...
Chile does not adopt the common external tariff of MERCOSUR in this scenario. The second scenario, shown in row 2, represents Chile joining MERCOSUR as part of the customs union. In addition to the requirements of the scenario in row 1,  ...
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr, 2001

10 NEWS ITEMS WHICH INCLUDE THE TERM «COMMON EXTERNAL TARIFF»

Find out what the national and international press are talking about and how the term Common External Tariff is used in the context of the following news items.
1
More than 300 Kenyan companies forced to stop selling goods to EAC
Companies signed up on the scheme attract full duties, levies and other charges provided in the Common External Tariff (CET) for goods sold ... «YarnsandFibers, Jul 15»
2
SADC - the AU's Orphaned Rec?
SACU is the world's oldest customs union and with its common external tariff it will make a joint tariff offer. On the other hand, if SADC is the ... «AllAfrica.com, Jul 15»
3
ECOWAS tariff will ruin the drug industry, pharmacists warn govt
Drug manufacturers in the country are seeking “an immediate review” of the ECOWAS Common External Tariff (CET) policy that places zero ... «TheCable, Jul 15»
4
What African Countries Must Do to Boost Trade Among Themselves
... African States' Trade Liberalisation Scheme, Inter State Road Transit procedures for landlocked countries and the Common External Tariff. «AllAfrica.com, Jul 15»
5
Foreign products push 300 firms out of EAC
Companies signed up on the scheme attract full duties, levies and other charges provided in the Common External Tariff (CET) for goods sold ... «K24 TV, Jul 15»
6
Common External Tariff will kill pharmaceutical companies - MAN …
According to him, the recently adopted Common External Tariff (CET) was a potent threat to an industry that was gasping for breath. “The CET ... «DailyPost Nigeria, Jul 15»
7
Pharmaceutical Manufacturers of Nigeria disagree with ECOWAS on …
... the Economic Community of West African States (ECOWAS)) and the Nigerian government to jettison the recently adopted Common External Tariff (CET). «NAIJ.COM, Jul 15»
8
Uganda Could Reap From Rwanda, Tanzania's Demand for Sugar
"During the period of stay of application of CET (common external tariff), sugar from Rwanda and Tanzania will attract CET rates when exported ... «AllAfrica.com, Jul 15»
9
Understanding ECOWAS Common External Tariff
The new Economic Community of West African States (ECOWAS) Common External Tariff (CET) which the Nigeria Customs Service (NCS) ... «Leadership Newspapers, Jun 15»
10
Rice Council Protest Against Dumping of Pakistan Rice in Local …
... in mainland Tanzania without passing through normal channel and thus avoiding payment 75 percent common external tariff that was agreed ... «AllAfrica.com, Jun 15»

REFERENCE
« EDUCALINGO. Common External Tariff [online]. Available <https://educalingo.com/en/dic-en/common-external-tariff>. Apr 2024 ».
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