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What is another name for tariff?

There are several other names for tariff depending on the context, here are some examples:

Formal synonyms:

* Duty: This is a very common synonym for tariff, especially in formal contexts.

* Customs duty: This emphasizes that the tariff is collected at customs.

* Import duty: This clarifies that the tariff is imposed on imported goods.

Informal synonyms:

* Tax: While not entirely accurate, tariff can be referred to as a tax in everyday language.

* Import tax: This is a more informal way of saying import duty.

* Trade barrier: This emphasizes the effect of the tariff on trade.

Other terms:

* Protective tariff: This refers to a tariff designed to protect domestic industries from foreign competition.

* Revenue tariff: This refers to a tariff imposed primarily to raise government revenue.

* Ad valorem tariff: This refers to a tariff calculated as a percentage of the value of the imported goods.

* Specific tariff: This refers to a tariff calculated as a fixed amount per unit of the imported goods.

The most appropriate synonym will depend on the specific context and the desired level of formality.

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