Effective rate of protection

Effective Rate of Protection. The overall effect of a nation's tariff system on a specific domestic product, after taking into account the impact of trade restrictions on the industry's inputs.

Measured by the effective rate of protection.
Effective protective rate
Same as effective rate of protection.
Effective rate of protection ...

A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition (see also effective rate of protection,) especially from competitors whose host nations allow them to operate under ...

See also: Effective rate, Integration, Tariffs, Tariff, Free trade