flexible tariff
[/ˈflɛksəbəl ˈtærɪf/]
nounpl: flexible tariffs
tarifa flexível
1. A tariff system that allows for adjustment of import or export duties based on market conditions, domestic production levels, or other economic factors
The government implemented a flexible tariff on agricultural imports to protect local farmers during economic downturns.
O governo implementou uma tarifa flexível sobre importações agrícolas para proteger os agricultores locais durante as crises econômicas.
2. A pricing structure for utilities or services that varies according to usage, time of consumption, or customer classification
The utility company introduced a flexible tariff that offers lower rates during off-peak hours.
A empresa de serviços implantou uma tarifa flexível que oferece taxas mais baixas durante as horas fora do horário de pico.
Flexible tariffs are particularly important in Brazilian trade policy and agricultural discussions, where they serve to protect domestic producers while allowing market responsiveness. In the USA, the term gained prominence during trade negotiations and debates about protectionism versus free trade.
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