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Effective protection |
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Effective protectionThe concept that the protection provided to an industry depends on the tariffs and other trade barriers on both its inputs and its outputs, since a tariff on inputs raises cost. Measured by the effective rate of protection.Similar MatchesForeign investment argument for protectionForeign investment argument for protectionThe use of protection to attract FDI from abroad. It does work, since much FDI has been motivated by firms trying to get behind a tariff wall to sell their products. In an otherwise nondistorted economy, however, the cost in terms of more expensive goods is higher than the benefit from additional capital. 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. ProtectionismProtectionismAdvocacy of protection. The word has a negative connotation, and few advocates of protection in particular situations will acknowledge being protectionists. Securities Investor Protection CorporationSecurities Investor Protection CorporationIn the US, a non profit organisation which provides insurance for cash and securities in customer accounts held by approved brokerage firms. Brokers and dealers registered with the Securities and Exchange Commission are obliged to be members of SIPC. In the event that such a firm fails, investors are covered up to a maximum of $500,000 of which no more than $100,000 can be cash. Patriotism argument for protectionPatriotism argument for protectionThe view that one is helping one's country by buying domestically produced goods instead of imports. In a nondistorted economy, this is not correct, since the country can do better producing where it has a comparative advantage rather than using scarce resources where it does not. Further SuggestionsLabor standards argument for protectionExternalities argument for protection Domestic distortions argument for protection Employment argument for protection Actual protection rate Political economy of protection Tariff protection Deposit Protection Scheme Safeguards protection Second-best argument for protection Domestic content protection Downside Protection Exchange rate protection loan protection policy Infant industry protection Protectionism protection applied Contingent protection Marine Mammal Protection Act Fairness argument for protection home responsibilities protection Content protection Cultural argument for protection Building Societies Investor Protection Scheme Payment protection insurance |
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