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Consumer Credit Protection Act of 1968 |
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Consumer Credit Protection Act of 1968Federal legislation establishing rules for the disclosure of the terms of a loan to protect borrowers. See: Truth in lending.Consumer Credit Protection Act of 1968 Similar MatchesFairness argument for protectionFairness argument for protectionThe view that it is unfair to force domestic firms to compete with foreign firms that have an advantage, either in terms of low wages or due to foreign government policies. This misinterprets economic activity as a game, the purpose of which is to win, rather than as a means of using limited resources to satisfy human needs. See level playing field. Retirement Protection Act of 1994Retirement Protection Act of 1994Legislation designed to protect the pension benefits of workers and retirees by increasing required support of pension plans by employers. Infant industry protectionInfant industry protectionProtection of a newly established domestic industry that is less productive than foreign producers. If productivity will rise with experience enough to pass Mill's and Bastable's tests, there is a second-best argument for protection. The term is very old, but a classic treatment may be found in Baldwin (1969). Contingent protectionContingent protectionAdministered protection. Loan protection policyLoan protection policyAn insurance policy in which the insured pays regular premiums in return for insurance against being unable to repay a loan due to accident, sickness or unemployment. In such an event the policy pays a benefit to assist the insured in making the repayments. Further SuggestionsDomestic content protectionAdministered protection Balance of payments argument for protection home responsibilities protection Call protection Exchange rate protection Patriotism argument for protection Nominal rate of protection Safeguards protection Effective rate of protection Externalities argument for protection court of protection Deposit Protection Scheme Labor standards argument for protection Intellectual property protection Content protection mortgage protection Actual protection rate Mortgage payment protection insurance (MPPI) National defense argument for protection Import protection Tariff protection Domestic distortions argument for protection Protectionism Downside Protection |
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