bound rate

基本解释

In developing countries the average actual farm tariff is 21%, against a bound rate of 48%.
发展中国家的实际平均农业税为21％，平均约束关税为48％。
Moreover, the law imposes customs duties on such imported tobacco products at a rate of 24%, which is higher than Armenia's WTO bound rate of 15%.
此外，该法还向这些进口烟草产品征收24%的关税，高于亚美尼亚受世界贸易组织约定的15%的税率。
In effect, the bank now has a target range for short-term rates: the upper bound is the 1% refi rate and the lower bound is the rate the central bank pays on banks’ deposits with it, currently 0.25%.
事实上，欧洲央行现在对短期利率划定了一个目标区间：上限是再融资利率1%，下限是央行为银行的存款准备金支付的利息，现在为0.25%。

In effect, the bank now has a target range for short-term rates: the upper bound is the 1% refi rate and the lower bound is the rate the central bank pays on banks' deposits with it, currently 0.25%.
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The tariff ceiling for agriculture products is expected to drop to 10.8% from 13.2% and for manufactured goods it will go from 9.5% to 7.3% The final bound import rate will be in place on the date of entry into the WTO on most goods, with roughly 25% of future tariff cuts to be implemented three years later.
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On the same basis, of course, America's rate is far too low (even a lower bound for the optimal rate would be a lot higher than 7 pence a litre).
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