We'll show you how to roast vegetables in the oven including delicious recipes. Plus, get our no-fail guide for how long to roast vegetables. This showy cooking method can easily feed a crowd or just a couple, and it lets you choose the vegetables.
To protect their businesses and local markets from foreign competition, countries have one very potent tool they can utilize: the protective tariff. Protective tariffs are taxes, duties, or other roadblocks (generally in the form of monetary fees) placed on foreign goods by a national or state government in order to protect domestic products and markets.
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: