Entering the Batch Amount in the Batch Creation Tool. The batch size is entered in step 3 of the Batch Creation Tool. The user enters how many copies of the batch sheet to. print, the batch size, and the units of measure. The following is a typical display for step 3.
the American Civil War. The Tariff of Abominations was a protective tariff passed by the Congress of the United States on May 19, 1828, designed to protect industry in the northern United States. Enacted during the presidency of John Quincy Adams, it was labeled the Tariff of Abominations by its southern detractors because of the effects it had on the antebellum Southern economy. It set a 38% tax on 92% of all imported goods.
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: