Trade Protection Measure

A Trade Protection Measure is an economic measure that quantifies the protective effect of trade policy instruments on domestic industries.

• AKA: Protection Indicator, Trade Barrier Measure, Import Protection Metric, Protectionism Index.
• Context:
  • It can typically assess Import Barrier Effectiveness through quantitative analysis.
  • It can typically compare Protection Levels across industry sectors and countries.
  • It can typically evaluate Trade Policy Impact on domestic producers and consumers.
  • It can typically inform Trade Negotiation with objective protection metrics.
  • It can typically monitor Trade Agreement Compliance using standardized measurement.
  • ...
  • It can often reveal Hidden Protection beyond nominal tariff rates.
  • It can often identify Cross-Sector Distortion from trade interventions.
  • It can often quantify Welfare Effect of protectionist policies.
  • It can often track Protection Trend over time periods.
  • ...
  • It can range from being a Simple Trade Protection Measure to being a Complex Trade Protection Measure, depending on its analytical sophistication.
  • It can range from being a Product-Specific Trade Protection Measure to being an Economy-Wide Trade Protection Measure, depending on its coverage scope.
  • ...
• Example(s):
  • Tariff-Based Protection Measures, such as:
    • Effective Protection Rate for value-added protection analysis.
    • Nominal Tariff Rate for direct import duty measurement.
    • Tariff Dispersion Index for protection variability assessment.
  • Non-Tariff Protection Measures, such as:
    • Ad Valorem Equivalent for quantifying non-tariff barriers.
    • Trade Restrictiveness Index for comprehensive protection assessment.
  • Aggregate Protection Measures, such as:
    • Trade-Weighted Average Tariff for overall protection level.
    • Import Coverage Ratio for protection breadth measurement.
  • ...
• Counter-Example(s):
  • Trade Flow Measure, which tracks trade volumes rather than protection levels.
  • Trade Policy Instrument, which implements protection rather than measuring it.
  • Competitiveness Index, which assesses market performance rather than policy protection.
• See: Economic Measure, Trade Policy Analysis, Protection Economics, Industrial Policy Evaluation, Tariff Analysis, Non-Tariff Barrier Assessment, Trade Liberalization Measure.

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