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Bookmark or Share- Protectionism Explained: How It Works, Types, and ExamplesProtectionism refers to government policies aimed at restricting international trade to benefit domestic industries. These measures include tariffs, import quotas, subsidies, and product standards. Advocates of protectionism argue it fosters local jobs, protects key industries, and boosts a nation’s economic resilience.
- Protectionism | Definition, Examples, & Facts | Britannica MoneyProtectionism, policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other restrictions or handicaps placed on the imports of foreign competitors. Learn more about the history of protectionism in this article.
- 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.
- Protectionism in the United States - WikipediaProtectionism in the United States is protectionist economic policy that erects tariffs and other barriers on imported goods. This policy was most prevalent in the 19th century. At that time, it was mainly used to protect Northern industries and was opposed by Southern states that wanted free trade to expand cotton and other agricultural exports. . Protectionist measures included tariffs and ...
- Protectionism - WikipediaProtectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.
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