Trade barriers - Mind Map

Trade barriers

Excise Taxes

An excise tax is charged on the manufacture, sale or use of a locally produced product. For example alchohol, cigrettes etc.

Landed Cost

Landed cost is the total fee of a shipment once its arrived. It includes the original price of the product, transportation fees, customs, taxes, tariffs.

Currency Fluctuations

Changes in currency value compared to another currency.

Subtopic

Embargoes

A ban by the government on trade or business with a certain country.

Subsidies

A benefit given to a business by the government.

Tariffs

A tariff is a tax on goods and services that are imported from other countries. For example 20 percent tax on imported automobiles

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