Exchange rate protection
Exchange rate protectionThe manipulation of the exchange rate so as to increase the domestic prices of, and demand for, domestically produced goods. Since an undervalued currency stimulates demand for all domestically produced tradable goods, this form of protection, unlike tariff protection, can only be provided to the tradable sector as a whole, not to individual industries.
Labor standards argument for protectionLabor standards argument for protection
The view that trade restrictions (trade sanctions) should be used as a tool to improve labor standards, limiting imports, for example, from countries that do not enforce such labor rights as freedom of association and collective bargaining.
Effective rate of protectionEffective rate of protection
A measure of the protection provided to an industry by the entire structure of tariffs, taking into account the effects of tariffs on inputs as well as on outputs. Letting bij be the share of input i in the value of output j, the ERP of industry j is ERPj = (tj-Sibijtij)/(1-Sibij). Due to Corden (1966).
Effective protectionEffective protection
The 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.
Import protectionImport protection
Domestic distortions argument for protectionDomestic distortions argument for protection
See second best argument.
Further Suggestionsmortgage protection
Mortgage payment protection insurance (MPPI)
home responsibilities protection
Labor standards argument for protection
Deposit Protection Scheme
Retirement Protection Act of 1994
Infant industry protection
Environmental protection argument for a trade intervention
Self-sufficiency argument for protection
Cultural argument for protection
Actual protection rate
Foreign investment argument for protection
court of protection
Building Societies Investor Protection Scheme
Patriotism argument for protection
Second-best argument for protection
Marine Mammal Protection Act
Nominal rate of protection
loan protection policy
Investor Protection Scheme
Payment protection insurance
National defense argument for protection