Answer:
Three objectives of a tariff are
1) To control trade between countries
2) To protect domestic industries
3) To provide a source of income
Three characteristics of a tariff are;
1) Adequate return
2) Attractive
3) Fairness
Explanation:
A tariff is an import or export tax placed on goods traded between countries, it serves to control the foreign trade between the two countries and to protect or develop local industry
A Tariff is an important source of income to countries
Three characteristics of a tariff are;
1) Adequate return
Proper return from the consumer should be factored in a tariff to account for the alternatives or normal expense pattern
2) Attractive
The tariff should be attractive to encourage consumption of electricity or complimentary goods
3) Fairness
Based on the consumption of related resources brought about by large scale utilization, large consumer tariff should be lower than those that consume less complementary resources.
Answer:
System analysis can be defined as a deep analysis of a part of the structure of a module that has been designed before. System design means to make any module or a part of the structure from scratch and build it completely without estimation.
Explanation:
The LCA process is a systematic, phased approach and consists of four components: goal definition and scoping, inventory analysis, impact assessment, and interpretation. The standards are provided by the International Organisation for Standardisation (ISO) in ISO 14040 and 14044, and describe the four main phases of an LCA: Goal and scope definition. Inventory analysis. Impact assessment.
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