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protective tariff

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Dictionary of Cultural Literacy: Economics:

protective tariff

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A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.

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Dictionary of Cultural Literacy: Economics 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

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Mentioned in

DeBow's Review (literature)
Tariff (business term)
Nelson Dingley (American statesman)
Protect [Protection]
Taft, William Howard (History)
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