India And the Tariff Problem
India And the Tariff Problem
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PREFERENTIAL TARIFFS 107 Apart from any claim for preference, the Indian tobacco industry has a legitimate grievance. The British duty is charged at a certain rate per pound instead of ad valorem. As the Indian tobacco is of low value, the effect is to compel it to pay a higher ad valorem duty than its competitors. If this grievance were removed, and at the same time a preference were given to it, the Indian industry ought certainly to be stimu- lated to some extent. It is, however, impossible ...at present to judge whether the effect would be of any great importance, as the exports to the United Kingdom are quite insignificant. Their total value in 1906 — 7, including that of both manufactured and unmanufactured tobacco, amounted to only a little over /16. 000. 1 Whatever may be the precise result of * preference upon these four minor exports, the prospects which the policy offers to India must be judged mainly by its effects upon 1 " Statistics of the Sea-borne Trade and Navigation of British India, " Vol.
What to read after India And the Tariff Problem?
You can find similar books in the "Read Also" column, or choose other free books by Hastings Bertrand Lees Smith to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
PREFERENTIAL TARIFFS 107 Apart from any claim for preference, the Indian tobacco industry has a legitimate grievance. The British duty is charged at a certain rate per pound instead of ad valorem. As the Indian tobacco is of low value, the effect is to compel it to pay a higher ad valorem duty than its competitors. If this grievance were removed, and at the same time a preference were given to it, the Indian industry ought certainly to be stimu- lated to some extent. It is, however, impossible ...at present to judge whether the effect would be of any great importance, as the exports to the United Kingdom are quite insignificant. Their total value in 1906 — 7, including that of both manufactured and unmanufactured tobacco, amounted to only a little over /16. 000. 1 Whatever may be the precise result of * preference upon these four minor exports, the prospects which the policy offers to India must be judged mainly by its effects upon 1 " Statistics of the Sea-borne Trade and Navigation of British India, " Vol.
What to read after India And the Tariff Problem?
You can find similar books in the "Read Also" column, or choose other free books by Hastings Bertrand Lees Smith to read onlineMoreLess
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