Triple-Column Tariff
The triple-column tariff system consists of three autonomously determined tariff
schedules – the general, the intermediate and the preferential. The general and
intermediate rates are similar to the maximum and minimum rates mentioned
above under the double-column tariff systems. The preferential rate is generally
applied in trade between the mother country and the colonies.
(iv) With reference to the purpose they serve, tariffs may be classified into the
following categories.
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