protectionism Synonyms
No Synonyms and anytonyms found
protectionism Meaning
Wordnet
protectionism (n)
the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
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.
