Export tariffs
Export tariffs: a levy on goods or commodities at the time they leave a customs territory. Reasons for imposing export tariffs include raising revenue, the desire to promote further processing of commodities within the country and a policy of ensuring that commodities perceived as scarce and necessary for domestic production are reserved as much as possible for local industry. See also double pricing, export quotas, Lerner’s symmetry theorem and short-supply products.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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