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Tariff protection |
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Tariff protectionProtection provided by a tariff.Similar MatchesNominal rate of protectionNominal rate of protectionThe 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. Labor 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. Content protectionContent protectionSee domestic content protection. Foreign 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. 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. Further SuggestionsIntellectual property protectionSecond-best argument for protection Investor Protection Scheme home responsibilities protection Self-sufficiency argument for protection Consumer Credit Protection Act of 1968 Contingent protection Exchange rate protection Noneconomic objectives argument for protection Protection Cultural argument for protection protection applied Fairness argument for protection Employment argument for protection Deposit Protection Scheme Payment protection insurance Patriotism argument for protection Effective rate of protection Protectionism Call protection Political economy of protection Domestic distortions argument for protection Endogenous protection Safeguards protection Actual protection rate |
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