Skip to main content

/ IB Economics SL LG/ Group items tagged ethanol

Group items tagged

Filter: All | Bookmarks | Topics Simple Middle

EU imposes punitive tariff on U.S. ethanol - 0 views

journalstar.com/...61-5768-8c3a-f8b418904e5e.html

EU US protectionism import export tariffs duty dumping ethanol international trade

shared by Kyuhwan L on 20 Feb 13 - No Cached

Kyuhwan L on 20 Feb 13

Recently the European Union has imposed a tariff on U.S. ethanol on the account of dumping. Dumping in international markets occurs when a country exports a good or service at a price that is lower in the foreign market than the domestic market. With a duty of $83.20 per metric ton, this tariff will cost exports more than $930 million per year. Tension has been building as there is a strain in transatlantic trade due to this implementation of a protectionism technique.

<div class="cArrow"> </div><div class="cContentInner">Recently the European Union has imposed a tariff on U.S. ethanol on the account of dumping. Dumping in international markets occurs when a country exports a good or service at a price that is lower in the foreign market than the domestic market. With a duty of $83.20 per metric ton, this tariff will cost exports more than $930 million per year. Tension has been building as there is a strain in transatlantic trade due to this implementation of a protectionism technique.</div>

...

Cancel

1 - 1 of 1

Showing 20▼ items per page

Related searches