What is another word for export duty?
Pronunciation: [ˈɛkspɔːt djˈuːti] (IPA) 
Export duty is a tax imposed on goods or commodities that are exported from one country to another. Synonyms for export duty include export tax, tariff, customs duty, excise duty, and export fee. These charges are usually implemented by governments to protect domestic industries, restrict the export of scarce resources, or generate revenue for the economy. Despite their intended purpose, export duties have been criticized for increasing the cost of trade and decreasing the competitiveness of local products in foreign markets. In recent times, global trade has become increasingly free, and many countries are reducing or eliminating their export duties to facilitate commerce and economic growth.
