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Simple English definitions for legal terms

common external tariff

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A quick definition of common external tariff:

Common External Tariff: A common external tariff is a tax that is imposed on goods imported from outside a group of countries that have agreed to apply the same tariff rates. This means that all member countries of the group will charge the same amount of tax on goods coming from outside the group. The purpose of a common external tariff is to create a level playing field for trade among member countries and to protect their domestic industries from unfair competition from imports.

A more thorough explanation:

COMMON EXTERNAL TARIFF

A common external tariff is a tax on goods that is applied uniformly by a group of countries to imports from countries outside of that group. It is designed to protect domestic industries and create a level playing field for trade among member countries.

For example, the European Union has a common external tariff on goods imported from countries outside of the EU. This means that if a product is imported into any EU country from a non-EU country, it will be subject to the same tariff rate regardless of which EU country it enters.

Another example is the Southern African Customs Union (SACU), which has a common external tariff on goods imported from countries outside of the SACU. This means that if a product is imported into any of the SACU member countries (Botswana, Lesotho, Namibia, South Africa, and Eswatini) from a non-SACU country, it will be subject to the same tariff rate regardless of which SACU country it enters.

The examples illustrate how a common external tariff works in practice. By applying the same tariff rate to imports from non-member countries, member countries can prevent one country from gaining an unfair advantage over another. This helps to create a level playing field for trade among member countries and protects domestic industries from foreign competition.

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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