Common External Tariff - Analysis and Evaluation | tutor2u Economics
Study presentations

Common External Tariff - Analysis and Evaluation

  • Levels: A Level, IB
  • Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC

This is an example of a colour coded approach to writing an exam essay for A2 macro on the impact on consumers and producers of the common external tariff which is part of the EU's customs union.

What is a customs union?

A customs union comprises a group of countries that agree to:
  1. Abolish tariffs and quotas between member nations to encourage free movement of goods and services. 
  2. Adopt a common external tariff (CET) on imports from non-members countries. In the case of the EU, the tariff imposed on, say, imports of South Korean TV screens will be the same in the UK as in any other EU country

Preferential tariff rates apply to preferential or free trade agreements that the European Union has entered into with third countries or groupings of third countries


The European Union is a customs union. The EU also has customs union agreements with Turkey, Andorra and San Marino

Subscribe to email updates from tutor2u Economics

Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.

You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.

Job board

Economics Teacher

Havering Sixth Form College, Essex, Havering

Related Collections

Teaching Vacancies

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u

A New Home for tutor2u Resources

We've just flicked the switch on moving all our digital resources to instant digital download - via our new subject stores.

For every subject you can now access each digital resource as soon as it is ordered. This will always be the latest edition of each resource too (and we'll update you automatically if there is an upgraded version to use).

Simply add the required resources to your cart, checkout using the usual options and your resources will be available to access immediately via your mytutor2u account.