colonial preference


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Related to colonial preference: free trade, Corn Laws

colonial preference:

see tarifftariff,
tax on imported and, more rarely, exported goods. It is also called a customs duty. Tariffs may be distinguished from other taxes in that their predominant purpose is not financial but economic—not to increase a nation's revenue but to protect domestic industries
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References in periodicals archive ?
Indian immigration slowed by the 1880s, because of the weak demand for labour on the sugar estates, owing to the stiff global competition British Guiana sugar was facing from beet sugar and the removal of colonial preferences.
Sugar, the dominant crop, faced severe global competition, from new producers after the elimination of colonial preferences, and from beet sugar.

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