protectionism


Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.

pro·tec·tion·ism

 (prə-tĕk′shə-nĭz′əm)
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.

pro•tec•tion•ism

(prəˈtɛk ʃəˌnɪz əm)

n.
the practice of protecting domestic industries from foreign competition by imposing import duties or quotas.
[1855–60]
pro•tec′tion•ist, n., adj.

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
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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

protectionism

[prəˈtekʃənɪzəm] Nproteccionismo m

protectionism

[prəˈtɛkʃənɪzəm] nprotectionnisme m

protectionism

protectionism

[prəˈtɛkʃˌnɪzm] nprotezionismo
References in periodicals archive ?
It may be assumed that periods in American industrial success were a laissez-faire, but in reality advances in the wealth of our nation was protectionism.
These so-called flexible tariffs are a marriage of two lethal poisons to economic growth protectionism and uncertainty.
The chief of Bank of Korea (BOK), the country's central bank, has warned that rising trade protectionism in the United States may hurt the Korean economy.
Other world leaders seemed to stand in solidarity, in their stance against protectionism.
Indian Prime Minister Narendra Modi ranked protectionism among the three biggest challenges to global stability, along with climate change and terrorism.
Protectionism is a double-edged sword that will harm both sides, China's foreign ministry said on Wednesday after US President Donald Trump signed into law a steep tariff on imported solarpanels.
Summary: Top executives in aviation blast protectionism, stress importance of Open Skies
The Arab Aviation Summit opened in Dubai on Wednesday with a call to eliminate protectionism to enable the growth of the aviation industry in line with Dubai's highly successful "open skies" policy.
He was the "law and order" candidate, for example, echoing Nixon, and of course, he was the protectionism candidate as well, the main talking point of so many conservatives from the pre-National Review William F.
We need protectionism," claimed a press release by the vice-president of the National Front, Le Pen's party.
Signs of economic protectionism and new barriers tomigration are major global concerns, FM Arun Jaitley said in Moscow, days after raising the issue in Washington.
We will resist all forms of protectionism," the statement said.