Protectionism | Definition, Examples, & Facts | Britannica Money
Oct 11, 2024 · Protectionism, policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other restrictions or handicaps placed on the imports of foreign competitors. Learn more about the history of protectionism in this article.
Protectionism - Wikipedia
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.
Protectionism: Examples and Types of Trade Protections - Investopedia
May 31, 2024 · Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal of improving economic ...
Understanding the Pros and Cons of Protectionism - ThoughtCo
Dec 3, 2018 · Protectionism is a government-imposed trade policy by which countries attempt to protect their industries and workers from foreign competition. Protectionism is commonly implemented by the imposition of tariffs, quotas on import and exports, product standard, and government subsidies.
What Is Protectionism? Pros and Cons of Protectionism
Aug 31, 2022 · The question of free trade lies at the center of the debate over protectionism. Is it better to treat the international economy as a competition or an opportunity to cooperate?
Protectionism Is Failing to Achieve Its Goals and Threatens the …
Aug 29, 2023 · Since 1990, global trade has increased incomes by 24 percent worldwide, and by 50 percent for the poorest 40 percent of the population. Today, however, protectionist measures are on the rise. And trade tensions and geopolitical challenges are raising concerns about the trajectory of globalization.
The Effects of Protectionism - Economics Help
Nov 15, 2015 · Protectionism occurs when countries place restrictions on imports into the economy. This can involve higher tariffs (a type of tax on imports) or quotas and embargoes. Other forms of protectionism can be less obvious, such as domestic subsidies to give industries unfair advantages.
Examples and Types of Protectionism - Economics Help
Sep 13, 2023 · Examples and Types of Protectionism. A list of some modern-day protectionist measures, including tariffs, domestic subsidies to exporters, and non-tariff barriers which restrict imports.
Protectionism - (Principles of Economics) - Vocab, Definition ...
Protectionism refers to government policies and actions aimed at shielding a country's domestic industries and markets from foreign competition through the imposition of trade barriers and restrictions. It is a key concept in the context of international trade and economic policy.
Protectionist Definition & Meaning - Merriam-Webster
The meaning of PROTECTIONIST is an advocate of government economic protection for domestic producers through restrictions on foreign competitors.