Definition of Import Relief

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TeachMeFinance.com - explain Import Relief



Import Relief -- Any of several measures imposed by a government to temporally restrict imports of a product or commodity to protect domestic producers from competition. Or, any of several measures to strengthen domestic producers such as subsidies, educational assistance to workers, training assistance to workers, low interest loans to producers, tax relief to producers etc.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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