A variety of policies have been claimed to achieve proteist goals. The include:
Tariffs: Typically, tariffs (or taxes) are impod on imported goods. Tariff rates usually vary acc to the type of goods imported. Import tariffs will ihe cost to importers, and ihe priported goods in the local markets, thus l the quantity of goods imported. Tariffs may also be impod on exports, and in an ey with floating exge rates, export tariffs have similar effects as import tariffs. However, since export tariffs are often perceived as “hurting” local industries, while import tariffs are perceived as “helping” local industries, export tariffs are ldom implemented.
Import quotas: To reduce the quantity and therefore ihe market priported goods. The eic effect of an import quota is similar to that of a tariff, except that the tax revenue gain from a tariff will instead be distributed to tho who receive import lis. Eists often suggest that import lis be aued to the highest bidder, or that import quotas be replaced by an equivalent tariff.
A variety of policies have been claimed to achieve proteist goals. The include:
Tariffs: Typically, tariffs (or taxes) are impod on imported goods. Tariff rates usually vary acc to the type of goods imported. Import tariffs will ihe cost to importers, and ihe priported goods in the local markets, thus l the quantity of goods imported. Tariffs may also be impod on exports, and in an ey with floating exge rates, export tariffs have similar effects as import tariffs. However, since export tariffs are often perceived as “hurting” local industries, while import tariffs are perceived as “helping” local industries, export tariffs are ldom implemented.
Import quotas: To reduce the quantity and therefore ihe market priported goods. The eic effect of an import quota is similar to that of a tariff, except that the tax revenue gain from a tariff will instead be distributed to tho who receive import lis. Eists often suggest that import lis be aued to the highest bidder, or that import quotas be replaced by an equivalent tariff.
Administrative barriers: tries are sometimes accud of using their various administrative rules (e.g. regarding food safety, enviroal standards, electrical safety, etc.) as a way to introduce barriers to imports.