MOST DUTIABLE Meaning and
Definition
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Most dutiable refers to the category of goods or products that attract the highest amount of customs duties or tariffs when imported into a country. Customs duties are a type of tax imposed on imported goods by the government to protect domestic industries or to generate revenue.
The term "most dutiable" is often used to describe goods that are subject to the highest customs duties or tariffs relative to other imported products. These goods typically fall into categories that are considered sensitive or protected by the importing country. This can include items such as luxury goods, electronic devices, high-end cars, certain agricultural products, and items that are deemed harmful or potentially harmful to the society, such as tobacco or alcohol.
When importing goods classified as most dutiable, the importer is required to pay a higher rate of customs duties compared to goods falling under lower duty categories. The specific customs duty rate for most dutiable items may vary from country to country and can be influenced by trade agreements, tariff schedules, and domestic economic policies.
Understanding the concept of most dutiable is crucial for importers and exporters as it helps them calculate the potential costs associated with importing goods into a particular country. Governments often use customs duties and tariffs as a means to regulate trade, protect local businesses, and generate revenue for the country.
Common Misspellings for MOST DUTIABLE
- nost dutiable
- kost dutiable
- jost dutiable
- mist dutiable
- mkst dutiable
- mlst dutiable
- mpst dutiable
- m0st dutiable
- m9st dutiable
- moat dutiable
- mozt dutiable
- moxt dutiable
- modt dutiable
- moet dutiable
- mowt dutiable
- mosr dutiable
- mosf dutiable
- mosg dutiable
Etymology of MOST DUTIABLE
The term "most dutiable" does not have a specific etymology because it is a combination of two words: "most" and "dutiable".
The word "most" is an adverb that originated from Old English "mǣst" meaning "greatest in amount or degree". It can be used to show a superlative degree or emphasize a high level of something.
The word "dutiable" comes from the noun "duty", which originated from Old French "deu" meaning "due" or "owed". In this context, it refers to a tax or tariff imposed on certain goods when they are imported or exported.
When these two words are combined, "most dutiable" is used to describe items or goods that have the highest level of import or export taxes or tariffs imposed on them.
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