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Bookmark or Share- The Effects of Protectionism - Economics HelpProtectionism occurs when countries place restrictions on imports into the economy. This can involve higher tariffs (a type of tax on imports) or quotas and embargoes. Other forms of protectionism can be less obvious, such as domestic subsidies to give industries unfair advantages.
- Protectionism: Examples and Types of Trade Protections - InvestopediaWhat Is Protectionism? Protectionism refers to government policies that restrict international trade to help domestic industries.
- Understanding the Pros and Cons of Protectionism - ThoughtCoProtectionism is a government-imposed trade policy by which countries attempt to protect their industries and workers from foreign competition. Protectionism is commonly implemented by the imposition of tariffs, quotas on import and exports, product standard, and government subsidies.
- What Is Protectionism? Pros and Cons of ProtectionismWhat Is Protectionism? What Is the Purpose of Protectionism? 3 Types of Protectionism; What Are the Advantages of Protectionism? What Are the Disadvantages of Protectionism? Learn More
- What is protectionism? Definition, meaning and examples - Market ...Protectionism is an attempt by a country’s leaders to restrict imports or promote exports. They do this by imposing tariffs, quotas, and introducing other barriers to trade. Protectionism is the opposite of free trade. Free trade is international trade which follows its natural course without quotas, tariffs, or other restrictions.
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