pro·tec·tion·ism (pr -t k sh-n z m)n. The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services. pro·tec tion·ist n. |
protectionism
the theory or practice of a method of fostering or developing industry through restrictive tariffs on foreign imports. — protectionist, n., adj.
See also: Economics
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. | protectionism - the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition economic policy - a government policy for maintaining economic growth and tax revenues import barrier, trade barrier - any regulation or policy that restricts international trade |
Translations
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