Effective Protection

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August 31, 2024 3 min read Definitions
Effective Protection: Understanding Tariff Implications on Industry Value Added
Economics Finance Trade Tariffs Value Added Effective Protection Trade Policy Import and Export
The effects of a tariff system on an industry's value added, accounting for tariffs on imported inputs and output. An in-depth look at the concept, its mathematical model, historical context, importance, examples, and related terms.
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