| 单词 | duty differential |
| 释义 | duty differential duty differential noun [C]
(Economics )
1 a difference in the rate of tax that is charged on two similar types of imported goods or materials: There is a huge duty differential between crude (65%) and refined oils (92.5%). A duty differential has been created in favour of environmentally friendly fuels. The IT industry called for a duty differential between finished PCs and component parts.
2 a difference in the rate of tax that one country charges on particular imported goods compared to another country: The duty differential between the UK and France has led to smuggling of alcohol and cigarettes. |
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