TC Flashcards
Tariff originated from old Spanish town of…
Tarifa
Tarifa is named after?
Tariff Iban Malik
Tarifa is near where?
Gibraltar
Who founded Tarifa?
Moors
How was Tarifa easily defended?
It is high promontory and connected to coast only by a narrow cause way.
Who made Tarifa their headquarters?
gang of racketeers when commerce began to expand in Mediterranean
What do you call the tribute levied on merchandise passing Straits of Gibraltar?
tariff
Spanish tarifa
price list, rate book
Portuguese tarifa
schedule
French tarifa
tariff rate
Italian tarifa
price list
In the days of _____, tariff was little better than to hold up.
Moors
List of schedule of commodities with duties & charges upon each
Tariffs
Denoted all customary tolls or dues paid by merchants upon commodities
Customs
What replaced local and provincial tolls on trade?
Those levied only upon crossing the frontier of the country
“Customs” was restricted to?
taxes on importation & exportation
It is a systematic arrangement of customs duties levied on goods when they cross a border.
Modern customs tariff
Why import duties are the most important in modern tariff changes?
Because no nation is entirely free of it
Discuss the PH Tariff during Pre-Spanish Period
- already trading with neighboring countries
- barter
- foreign traders paid tariff rates on goods they bring
It is a 3% ad valorem duty imposed on imports & exports.
almojarifazgo
Who established almojarifazgo in Manila in 1573?
Gov. Guido R. de Lavizares
Who tells in his report that almojarifazgo was not imposed at once?
Viceroy of Mexico
4th Spanish government-general who imposed almojarifazgo in 1582
Gonzalo Ronquillo de Penalosa
In 1606, duty on Chinese goods was increased to ______
6%
When did other ports open to foreign commerce?
more than 2 and half centuries later
Give 5 examples of Philippine exports.
rice, coconuts, sugar, straws, cane
Chinese junks in turn carried ______
cotton, grass linen, silk, iron & household utensils
Where do Chinese wares are shipped?
Mexico
How much was the regular contribution?
Mexican $250,000
Regular contribution is to support ______
insular treasury
Luxury items sent to Mexico
silks fine woven fabrics of Persia & gold, silver, spices in India
What do galleons brought back to Manila?
Mexican dollars, Spanish wines & manufactures
When did PH trade open to the world?
1834
When does Customs house become a distinct department?
1779
When does Customs house become an independent branch of Treasury?
1805
Who assessed arbitrary values?
the Board
Who composes the Board?
royal officer, 2 merchants, royal fiscal as intervenor
Permanent board of valuation in 1734
Junta de Valoraciones
tariff board in 1828
Junta de arancelus
Trade during interim was under ________
Compania Real de Filipinas
since money at that time was not yet the medium of exchange, people then resorted to the ____
barter system
