import tax crossword clue – All Crossword Answers
Welcome to Crosswordanswer.co.uk! Below you'll find all the possible solutions and explanations for the crossword clue "import tax crossword clue", designed to help you complete your puzzle with ease.
Solutions for "import tax crossword clue" by Letter Count
6 Letters
TARIFF: A tax or duty to be paid on a particular class of imports or exports.
4 Letters
DUTY: A payment due to the government, especially a tax on imports.
More About "import tax crossword clue"
An import tax, commonly known as a tariff or customs duty, is a levy imposed by a government on goods and services imported into a country. These taxes are typically set as a percentage of the value of the imported goods (ad valorem duties) or as a specific amount per unit (specific duties).
The primary reasons for implementing import taxes are to raise government revenue and to protect domestic industries from foreign competition. By making imported goods more expensive, tariffs encourage consumers to buy locally produced alternatives, supporting national businesses and employment. However, they can also lead to higher prices for consumers and retaliatory tariffs from other countries, potentially impacting international trade relations.
In the context of crosswords, "import tax" is a classic clue due to its direct and widely recognized synonyms like "TARIFF" and "DUTY," which offer solvers concise answers fitting various letter counts. Understanding these economic terms can be a real advantage in solving financial or commerce-themed puzzles.
Tips For Your Next Puzzle
- Consider Synonyms: For clues like "import tax," always think about alternative words or phrases that mean the same thing. Words like 'duty,' 'tariff,' 'levy,' or 'customs' are common associates.
- Check Letter Count: Pay close attention to the number of letters required for the answer. This is often the most crucial constraint in narrowing down possibilities, especially when multiple synonyms exist.
- Look for Context Clues: Sometimes the clue might hint at a specific type of tax or a related economic concept. Broader knowledge of economics and trade can sometimes provide an edge.
- Cross-Reference with Solved Letters: If you have some letters filled in from intersecting words, use them as a guide. They will quickly confirm or rule out potential answers for "import tax."
For more advice, visit our page on general crossword strategies.
Frequently Asked Questions
What is an import tax in simple terms?
An import tax, often called a tariff or duty, is a fee levied by a country's government on goods brought in from another country. Its purpose is typically to increase the cost of imported goods, making domestic products more competitive or to generate revenue.
Why are terms like 'import tax' common in crosswords?
Terms such as 'import tax' are popular in crosswords because they are concise, widely understood economic terms with clear, commonly known synonyms (like tariff or duty). This makes them versatile for clueing and often leads to short, direct answers that fit various grid patterns.
How can I find answers to difficult crossword clues related to economics?
When encountering economic terms in crosswords, consider common synonyms or related concepts. For 'import tax,' think about words for 'tax' or 'charge' that fit specific letter counts. Using a thesaurus for economic terms or an online crossword solver can also be highly effective.