HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Economy » nominal rate of protection

Nominal Rate Of Protection

Definition
The protection afforded an industry directly by the tariff and/or NTB on its output, ignoring effects of other trade barriers on the industry's inputs. Contrasts with the ERP.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.