Real World Examples of Protectionism

October 4, 2010 § 3 Comments

Type of Protectionism Definition Real World Example + Link
Tariff Tax imposed when a good/service is imported in the country “Congress is considering slapping a tariff on Chinese imports as retaliation for China’s stubbornness over currency policy,and such a move could have implications for green-energy stocks.”

 

Tariff Example

Quota Limitation on the quantity that must not be exceeded, such as an import quota “Private English-medium schools on Thursday hinted at a fee hike to make up for the mandatory 25 per cent reservation of seats for underprivileged students.

 

The Right to Free and Compulsory Education Act, a piece of central legislation the state government has announced it would implement, makes it mandatory for all schools to set aside a quarter of their seats for poor students who won’t be charged fees.”

Quota Example

Subsidy A grant provided for the government to benefit the public “The government is weighing the feasibility of subsidizing in-vitro fertilization (IVF) treatment in an effort to slow the continuing decline in the birth rate, a Department of Health (DOH) official said Saturday.

 

If the subsidy program is adopted and offered to infertile couples, the official said, the numb”

Quota Example

 

 

Advertisements

§ 3 Responses to Real World Examples of Protectionism

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading Real World Examples of Protectionism at Natsuki's Economics Blog.

meta

%d bloggers like this: