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Balance of payments argument for protection |
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Balance of payments argument for protectionA common reason for restricting imports, especially under fixed exchange rates, when a country is losing international reserves due to a trade deficit. It can be argued that this is a second best argument, since a devaluation could solve the problem without distorting the economy and therefore at smaller economic cost.Similar MatchesContingent protectionContingent protectionAdministered protection. Administered protectionAdministered protectionProtection (tariff or NTB) resulting from the application of any one of several statutes that respond to specified market circumstances or events, usually as determined by an administrative agency. Several such statutes are permitted under the GATT, including anti-dumping duties, countervailing duties, and safeguards protection. Endogenous protectionEndogenous protectionProtection that is explained as the outcome of economic and/or political forces. See political economy of protection. Import protectionImport protectionSee protection. Domestic content protectionDomestic content protectionUse of trade policies such as domestic content requirements to increase the portion of a product's value that is provided by domestic factors of production, either in direct production or through produced inputs. Further SuggestionsExchange rate protectionCall protection court of protection Marine Mammal Protection Act protection applied Self-sufficiency argument for protection Environmental protection argument for a trade intervention Protectionism Effective rate of protection Domestic distortions argument for protection Fairness argument for protection National defense argument for protection Effective protection Foreign investment argument for protection home responsibilities protection Externalities argument for protection Safeguards protection Payment protection insurance Political economy of protection Nominal rate of protection Mortgage payment protection insurance (MPPI) Protection Cultural argument for protection Tariff protection Consumer Credit Protection Act of 1968 |
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