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Labor standards argument for protection |
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Labor 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.Labor 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.Similar MatchesDomestic distortions argument for protectionDomestic distortions argument for protectionSee second best argument. Marine Mammal Protection ActMarine Mammal Protection ActThe 1972 U.S. law prohibiting the "taking" (harassing, hunting, capturing, or killing) of marine mammals, and also prohibiting the import of any marine mammal product or any fish that has been associated with the taking of marine mammals. See tune-dolphin case. 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. Consumer Credit Protection Act of 1968Consumer Credit Protection Act of 1968Federal legislation establishing rules for the disclosure of the terms of a loan to protect borrowers. See: Truth in lending. Balance of payments argument for protectionBalance 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. Further SuggestionsContent protectionInfant industry protection Safeguards protection Administered protection home responsibilities protection court of protection Downside Protection Cultural argument for protection Intellectual property protection National defense argument for protection Protection Contingent protection Endogenous protection Domestic content protection Noneconomic objectives argument for protection Environmental protection argument for a trade intervention loan protection policy Mortgage payment protection insurance (MPPI) Employment argument for protection Nominal rate of protection Second-best argument for protection Investor Protection Scheme mortgage protection Externalities argument for protection Patriotism argument for protection |
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