Protectionism
noun
A policy of protecting domestic industries from foreign competition by taxing imports.
The government's current policy of trade protectionism could hurt foreign relations.
Often appears as...
- support protectionism
- pursue protectionism
Usage tips
Formal
Political
noun
A policy of protecting domestic industries from foreign competition by taxing imports.
The government's current policy of trade protectionism could hurt foreign relations.
Often appears as...
- support protectionism
- pursue protectionism
Usage tips
Formal
Political
Definition 1 of 1
Pro Tip 1/3Economic Focus
Protectionism is associated with economic policies and decisions, so it's frequently discussed in business and trade contexts.
Protectionism can lead to higher prices for consumers as imports become more expensive.
Pro Tip 2/3Government Role
This term often appears when talking about government measures or strategies aimed at regulating trade.
The new government promised to reduce protectionism to attract more foreign investments.
Pro Tip 3/3International Relations
Protectionism can impact how countries interact and negotiate trade agreements with one another.
Some countries voiced concerns over the rising protectionism.
Pro Tip 1/3Economic Focus
Protectionism is associated with economic policies and decisions, so it's frequently discussed in business and trade contexts.
Protectionism can lead to higher prices for consumers as imports become more expensive.
Pro Tip 2/3Government Role
This term often appears when talking about government measures or strategies aimed at regulating trade.
The new government promised to reduce protectionism to attract more foreign investments.
Pro Tip 3/3International Relations
Protectionism can impact how countries interact and negotiate trade agreements with one another.
Some countries voiced concerns over the rising protectionism.
Pro Tip 1/3Economic Focus
Protectionism is associated with economic policies and decisions, so it's frequently discussed in business and trade contexts.
Protectionism can lead to higher prices for consumers as imports become more expensive.
Pro Tip 2/3Government Role
This term often appears when talking about government measures or strategies aimed at regulating trade.
The new government promised to reduce protectionism to attract more foreign investments.
Pro Tip 3/3International Relations
Protectionism can impact how countries interact and negotiate trade agreements with one another.
Some countries voiced concerns over the rising protectionism.
Never forget "Protectionism"
Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!
Video examples
How the blockchain is...
The first era of the internet, the internet of information, brought us wealth but not shared prosperity, because social inequality is growing. And this is at the heart of all of the anger and extremism and protectionism and xenophobia and worse that we're seeing growing in the world today,
Video examples
How the blockchain is...
The first era of the internet, the internet of information, brought us wealth but not shared prosperity, because social inequality is growing. And this is at the heart of all of the anger and extremism and protectionism and xenophobia and worse that we're seeing growing in the world today,
Example 1 of 1
Quote examples
Brian Behlendorf
American Scientist
Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nation's economy and not an exploitative one.
Quote examples
Stephen Harper
Canadian Politician
We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.
Quote examples
Anders Fogh Rasmussen
Danish Statesman
Europe should stick to an open economy, to competition and we should refuse protectionism. It will not save one single job in the long run to protect non-competitive industries.
Quote examples
Hilary Benn
British Politician
Rich country protectionism - barriers, subsidies and support - mean that the world supply of agricultural goods is artificially increased and world prices depressed.
Quote examples
Manmohan Singh
Indian Statesman
Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.
Quote examples
Asa Hutchinson
American Lawyer
I don't want to stop and build protectionism out there, but I certainly don't mind tough negotiation with our trade partners.
Quote examples
Marion Marechal-Le Pen
French Politician
A form of protectionism should be enforced at national level, at least on strategic areas such as agriculture.
Quote examples
Andrew Scheer
Canadian Politician
We have to be vigilant against protectionism and be constantly making the argument for free trade.
Quote examples
Wilbur Ross
American Businessman
The E.U., China, and Japan all talk free trade, and they all practice protectionism.
Quote examples
Ludwig von Mises
Austrian Economist
The philosophy of protectionism is a philosophy of war.
Quote examples
Brian Behlendorf
American Scientist
Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nation's economy and not an exploitative one.
Quote examples
Stephen Harper
Canadian Politician
We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.
Quote examples
Anders Fogh Rasmussen
Danish Statesman
Europe should stick to an open economy, to competition and we should refuse protectionism. It will not save one single job in the long run to protect non-competitive industries.
Quote examples
Hilary Benn
British Politician
Rich country protectionism - barriers, subsidies and support - mean that the world supply of agricultural goods is artificially increased and world prices depressed.
Quote examples
Manmohan Singh
Indian Statesman
Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.
Quote examples
Asa Hutchinson
American Lawyer
I don't want to stop and build protectionism out there, but I certainly don't mind tough negotiation with our trade partners.
Quote examples
Marion Marechal-Le Pen
French Politician
A form of protectionism should be enforced at national level, at least on strategic areas such as agriculture.
Quote examples
Andrew Scheer
Canadian Politician
We have to be vigilant against protectionism and be constantly making the argument for free trade.
Quote examples
Wilbur Ross
American Businessman
The E.U., China, and Japan all talk free trade, and they all practice protectionism.
Quote examples
Ludwig von Mises
Austrian Economist
The philosophy of protectionism is a philosophy of war.
Example 1 of 10
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension