FTA :

• AFTA
• CAFTA
• EXCISE TAX
• TARIFF TAX

Implication Of Afta On Tobacco Industry

      AFTA is the acronym for the ASEAN Free Trade Agreement. The common effective preferential tariff has been attached to the agreement, and it is sometimes known as the CEPT-AFTA. The trade agreement of AFTA affects several industries in the continent of Asia. More..

Guide To Excise Tax

Excise taxes fall under the category of indirect tax. They are not similar to income tax either. The federal government does earn a decent amount through excise taxes. They are always enforced on commodities. It is always hidden. Excise taxes can vary. They are not the same everywhere.More...

• Excise Tax Regulation
• Federal Alcohol Excise Tax Rates
• Vehicle Federal Excise Tax
• What Is Excise Tax ?

Tariff Vs Duty

Tariff or duty means the same thing. In the United States, it is known as tariff, and in the United Kingdom, it is called a duty. Basically both are imposed on goods that are being exported and imported.

Tariffs increase the total cost of imports, and it decreases the demand for the local products. Agriculture products suffer the most as other countries will start offering products at much cheaper rate. In most of the developed countries, where the climatic conditions are not that favorable, agricultural products are more expensive because high tariffs are placed on them. More...

• How Do Tariffs Help The United States ?
• List Of Harmonized Tariff Codes
• Tariff And Non Tariff Barriers Between Countries
• Tariff And The Government
• What Are The Pros And Cons Of Tariffs ?

What Is CAFA ?

CAFTA, or the Central American Free Trade Agreement, is the third trade agreement in the series of trade agreements in the region of Central America. There are a total of seven participating countries in CAFTA. The member countries are El Salvador, Nicaragua, Guatemala, Honduras, United States of America, Dominican Republic and Costa Rica.More...

• Cafta Timeline Of Events
• Problems With Cafta
• When Did Nafta And Cafta Begin ?

Pros And Cons Of AFTA

AFTA, or the ASEAN Fee Trade agreement, can prove beneficial to all the countries in the Asian continent. However, like any other deal there are pros and cons of this agreement. A discussion of the advantages and disadvantages help one better understand the global trade perspectives and the inner details of this agreement.

ASEAN free trade is an agreement between all the Southeast Asian countries. It was signed in 1992 in Singapore. The Asian countries that participated in this agreement are Brunei, Indonesia, Malaysia, Thailand, Singapore, Philippines and Vietnam. Myanmar, Laos and Cambodia joined later. Now there are a total of ten countries in the AFTA agreement.  More...

• What Is Afta ?