border protection

Definitions

Economics

  • In the context of trade policy, this refers to policies such as tariffs and quotas that enhance profits and employment in a domestic industry, as opposed to other policies such as production subsidies that might have similar effects without restricting trade.
  • Measures to prevent unwanted entry across a nation's border of illegal or harmful goods or people.
  • abbreviationborder measure
    (written as Border protection)
  • border protection
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