1. Title a few of the Philippine Items that are being traded to other nations and title the nations they are being traded with.
2. Title a Philippine item that's primarily influenced
by a Tariffication Law and clarify in your claim words why it was influenced.
Title a few of the Philippine Items that are being traded to other nations and title the nations they are being traded with.
Items being traded to other nations include;
Nations being traded with include;
Title a Philippine item that's primarily influenced by a Tariffication Law and clarify in your claim words why it was influenced.
Rice Tariffication Law (RTL) aims to modernize the agricultural sector as a way of making the sector globally competitive. Under this law, it permits the entry of imported rice while imposing a tariff, which varies depending on the volume of imported goods. RTL supports rice farmers by increasing their productivity and income through the P10 billion annual budget from the Rice Competitiveness Enhancement Fund (RCEF). RCEF comes from the tariff revenues of rice imports. The said P10 billion is allotted to farm machinery and equipment (P5 million), high-quality rice seed development, propagation, and promotion (P3 million), training for skills enhancement (P1 million), and expanded rice credit assistance to the farmers (P1 million).
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