protectionism Sentence Examples
- Protectionism is a trade policy that aims to shield domestic industries from foreign competition.
- Critics argue that protectionism can lead to inefficiencies and higher prices for consumers.
- The government implemented protectionism measures to support struggling local businesses.
- Protectionism often involves tariffs, quotas, and other trade barriers to limit imports.
- Some economists believe that protectionism can hinder global economic growth by reducing trade.
- The debate over protectionism versus free trade is a longstanding issue in economic theory.
- Protectionism can be politically popular in times of economic uncertainty, as it promises to protect jobs.
- Proponents of protectionism argue that it helps maintain national sovereignty and strategic industries.
- The rise of protectionism in certain countries has led to tensions in international trade relations.
- Negotiations between countries often involve discussions about reducing or eliminating protectionism barriers.
protectionism Meaning
Wordnet
protectionism (n)
the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
Synonyms & Antonyms of protectionism
No Synonyms and anytonyms found
FAQs About the word protectionism
the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
No synonyms found.
No antonyms found.
Protectionism is a trade policy that aims to shield domestic industries from foreign competition.
Critics argue that protectionism can lead to inefficiencies and higher prices for consumers.
The government implemented protectionism measures to support struggling local businesses.
Protectionism often involves tariffs, quotas, and other trade barriers to limit imports.
