A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.
| Economics Dictionary: protective tariff |
| 5min Related Video: protective tariff |
| WordNet: protective tariff |
The noun has one meaning:
Meaning #1:
a tariff imposed to protect domestic firms from import competition
| DeBow's Review (literature) | |
| Tariff (business term) | |
| Nelson Dingley (American statesman) |
| What were the arguments for and against protective tariffs? | |
| A protective tariff is a tax or duty? | |
| What are the advantages and disadvantages of protective tariffs? |
Copyrights:
![]() | Economics Dictionary. The New Dictionary of Cultural Literacy, Third Edition Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin. All rights reserved. Read more | |
![]() | WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. Read more |
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