Entity: imports
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imports

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Tariffs are commonly expressed as percentage rates applied to imported goods.
October 30, 2025 high economic
Basic characteristic of tariff policy instruments.
In national accounts, imports are subtracted when calculating gross domestic product (GDP), so a reduction in imports, holding other factors constant, increases net exports and contributes positively to measured GDP.
high conceptual
General accounting relationship between imports, net exports, and GDP.
Tariff measures do not necessarily apply to all imports; a substantial share of a country's imports can remain unaffected by tariff changes due to exemptions or rate variations.
high policy
Explains that tariff coverage can be partial because of exemptions and differentiated rates.