protectionist

listen to the pronunciation of protectionist
English - English
Someone who believes in protecting domestic producers by impeding or limiting the importation of foreign goods and services via actions taken by government
{i} one who supports imposing taxes or tariffs on foreign imports in order to protect domestic industry (Economics)
See Protection, 4
One who favors protection
A protectionist is someone who agrees with and supports protectionism. Trade frictions between the two countries had been caused by trade protectionists
Protectionist policies, measures, and laws are meant to stop or reduce imports
an advocate of protectionism
protectionism
A policy of protecting the domestic producers of a product by imposing tariffs, quotas or other barriers on imports
protectionism
The deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers
protectionism
policy reflecting the belief that domestic manufacturers and workers need to be shielded from foreign competition by placing trade barriers on foreign goods
protectionism
The doctrine or policy of protectionists
protectionism
the policy of protecting domestic industries from the competition of foreign-made goods
protectionism
the policy of protecting the domestic producers of a product by imposing tariffs or quotas on imports
protectionism
the process of government economic protection for domestic producers through restrictions on foreign competition
protectionism
See Protection, 4
protectionism
economic policy in which a country passes laws to protect its industries from foreign competition, for example, imposing import tariffs to protect a nation’s industries from competition
protectionism
Protectionism is the policy some countries have of helping their own industries by putting a large tax on imported goods or by restricting imports in some other way. talks to promote free trade and avert increasing protectionism. when a government tries to help industries in its own country by taxing or restricting foreign goods. Policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other handicaps placed on imports. The chief protectionist measures, government-levied tariffs, raise the price of imported articles, making them less attractive to consumers than cheaper domestic products. Import quotas, which limit the quantities of goods that can be imported, are another protectionist device. Wars and economic depressions historically have resulted in increases in protectionism, while peace and prosperity have tended to encourage free trade. Protectionist policies were common in Europe in the 17th-18th centuries under mercantilism. Britain abandoned many of its protectionist laws in the 19th century, and by World War I tariffs were low throughout the Western world. Economic and political dislocation led to rising customs barriers in Europe in the 1920s, and the Great Depression produced a spate of protectionist measures; world trade shrank drastically as a result. The U.S. had a long history of protectionism, with tariffs reaching high points in the 1820s and the Great Depression, but in 1947 it became one of 23 nations to sign the General Agreement on Tariffs and Trade (GATT), which substantially reduced customs tariffs while reducing or eliminating quotas. Despite trade agreements such as GATT and NAFTA, calls for protectionism are still heard in many countries when industries suffer severely from foreign competition. See also trade agreement; World Trade Organization
protectionism
the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
protectionism
A political attitude or policy intended to inhibit or prohibit the import of foreign goods and services The opposite of "free trade" policies
protectionism
The use of import tariffs, import licenses, quota restrictions on imports, and other nontariff barriers to protect local industry from competition with imported goods and services
protectionism
The attempt by a government to ‘protect’ its own companies by keeping out competing goods from another country, usually through high taxes (tariffs) on imports, but governments can also use ‘non-tariff’ barriers such as environmental standards or human rights standards
protectionism
Government policies fostering home industries by protecting them from the competition of foreign goods, the importation of these being checked or discouraged by the imposition of duties (tariffs) or otherwise
protectionism
A government policy that defends national filmmaking from competition by foreign imports Typical protectionist policies are quotas on the number of films that may be imported or shown, requirements that theater time be set aside for the domestic product, and forms of financial aid to domestic production
protectionism
Practice of using tariffs and other barriers to trade to protect domestic producers against competition from cheaper imports
protectionism
{i} practice of guarding domestic industry from foreign competition by imposing taxes and tariffs on foreign imports (Economics)
protectionism
the practice of restricting imports in order to increase the sales of domestic products
protectionism
Effort to shield domestic producers against foreign competition via tariffs, quotas, etc Widely reduced under global free trade agreements; popular among critics of trade for countering job loss and environmental harm; criticized by economists for ignoring comparative advantage doctrine
protectionism
a policy of protecting domestic industries from foreign-made competition
protectionism
The policy of imposing legal burdens or restrictions on imports with the intention of hampering or preventing their competition with domestic products It includes the use of embargoes, tariffs, import quotas, burdensome import regulations, foreign exchange controls, etc A protective tariff, unlike a tariff for revenue, is designed to keep out imports rather than raise revenue HA 161-64,315-18,509-10,745,749-55; OG 66-69, 75, 244-45, 249-51, 285
protectionism
the government's use of restrictions to protect domestic producers from foreign competition
protectionism
The practice of shielding domestic firms by using tariffs, quotas, or other trade barriers to discourage imports Usually substantial output inefficiencies follow and consumer welfare decreases
protectionism
Government policies designed to restrict imports in order to protect domestic industry
protectionism
A policy designed to shield the local economy from outside competition through high tariffs, subsidies, or trade restrictions
protectionism
Protecting domestic business at the expense of free market competition
protectionists
plural of protectionist
protectionist

    Hyphenation

    pro·tec·tion·ist

    Turkish pronunciation

    prıtekşınîst

    Pronunciation

    /prəˈteksʜənəst/ /prəˈtɛkʃənɪst/

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    ... with cheap tires, Governor Romney said I was being protectionist; that it wouldn't be ...
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