The basic ingredients of jelly beans include sugar, corn syrup, and pectin or starch. Relatively minor amounts of the emulsifying agent lecithin, anti-foaming agents, an edible wax such as beeswax, salt, and confectioner's glaze are also included.
Protective tariff. Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. Tariffs are also imposed in order to raise government revenue, or to reduce an undesirable activity (sin tax).
In my article The Softwood Lumber Dispute we saw an example of a tariff placed on a foreign good. A tariff is simply a tax or duty placed on an imported good by a domestic government. Tariffs are usually levied as a percentage of the declared value of the good, similar to a sales tax. Unlike a sales tax, tariff rates are often different for every good and tariffs do not apply to domestically produced goods. The upcoming book Advanced International Trade: Theory and Evidence by Robert Feenstra gives three situations in which governments often impose tariffs: