Asked Jun 28, 2019

in International trade about tariff:

using a simple Swiss formula to calculate the final tariff:

initial rate of tariff is 120%

coefficient is 8


Expert Answer

Step 1

The Swiss formula for calculating final tariff rate is given below.


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Coeffi cient x Initial rate of tariff. Coefficient Initial rate of tariffot Tariff Old Ne Old

Step 2

Substitute the respective values in above eq...


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8x 120 Tariff, New 8 120 960 128 = 7.5


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