Drawbacks Term Analysis

...with which the home country has an unfavorable balance of trade. The pro-export policies are drawbacks (tax rebates) for exporters, bounties (incentives) for key industries, trade treaties with other countries, and... (full context)

Manufacturers and traders often petition the government to support exports. Drawbacks, or tax refunds, are desirable for domestic goods because they keep the natural division of... (full context)

While these drawback policies weren’t unreasonable, it makes little sense to encourage the carrying trade for its own... (full context)

...is not unreasonable. Export incentives for goods that already face export taxes should be considered drawbacks, even though they are often wrongly called bounties. And prizes offered to extraordinary manufacturers and... (full context)

Britain uses bounties and drawbacks to encourage imports from its American colonies, while permitting drawbacks for goods originating from other... (full context)

Then, Britain adopted the mercantile system. It replaced export duties with bounties and drawbacks, while creating different import duties for different commodities. There are no duties for materials of... (full context)

...administering import taxes this way, maximizing revenues instead of protecting monopolies, and abandoning bounties and drawbacks, Britain could create a far simpler customs system without losing any revenue. Indeed, free trade... (full context)