Nominal rate of protection


 

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Nominal rate of protection

The protection afforded an industry directly by the tariff and/or NTB on its output, ignoring effects of other trade barriers on the industry's inputs. Contrasts with the ERP.



Similar Matches

Court of protection

Court of protection

An office of the Supreme Court whose function is to manage and administer the property and affairs of people who, through mental disorder, are incapable of managing their own financial affairs.


Patriotism argument for protection

Patriotism argument for protection

The 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.


Domestic content protection

Domestic content protection

Use of trade policies such as domestic content requirements to increase the portion of a product's value that is provided by domestic factors of production, either in direct production or through produced inputs.


Exchange rate protection

Exchange rate protection

The 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.


Downside Protection

Downside Protection

Generally used in connection with covered call writing, this is the cushion against loss, in case of a price decline by the underlying security, that is afforded by the written call option. Alternatively, it may be expressed in terms of the distance the stock could fall before the total position becomes a loss (an amount equal to the option premium), or it can be expressed as percentage of the current stock price.


Further Suggestions

Investor Protection Scheme
Political economy of protection
Deposit Protection Scheme
Safeguards protection
Administered protection
Consumer Credit Protection Act of 1968
Endogenous protection
Intellectual property protection
Self-sufficiency argument for protection
Externalities argument for protection
Second-best argument for protection
Protection
Fairness argument for protection
Environmental protection argument for a trade intervention
protection applied
Noneconomic objectives argument for protection
Securities Investor Protection Corporation
Tariff protection
Mortgage payment protection insurance (MPPI)
Protectionism
Effective rate of protection
home responsibilities protection
Payment protection insurance
Content protection
Retirement Protection Act of 1994


 
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