25 lines
585 B
Markdown
25 lines
585 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Drawback
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## Definition
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A refund of duties paid on imported goods when those goods are subsequently
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exported, designed to prevent double taxation and encourage re-export trade.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith distinguishes drawbacks from bounties, noting that drawbacks simply
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return money already paid rather than providing additional subsidies, though
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both can be subject to fraudulent abuse.
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## Economic Domain
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Regulation
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---
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