|

protectionism

DEFINITIONS OF: protectionism

1

n the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition

Types:
import barrier, trade barrier
any regulation or policy that restricts international trade
quota
a limitation on imports
embargo, trade embargo, trade stoppage
a government order imposing a trade barrier
Type of:
economic policy
a government policy for maintaining economic growth and tax revenues
WORD FAMILY
USAGE EXAMPLES