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Exchange rate protection |
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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.Similar MatchesLabor standards argument for protectionLabor standards argument for protectionThe 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 protectionA 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 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. Import protectionImport protectionSee protection. Domestic distortions argument for protectionDomestic distortions argument for protectionSee second best argument. Further Suggestionsmortgage protectionMortgage payment protection insurance (MPPI) home responsibilities protection Labor standards argument for protection Deposit Protection Scheme Retirement Protection Act of 1994 Contingent protection 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 Safeguards protection 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 protection applied |
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