Protectionism - definition, pronunciation, transcription
Amer.
|prəˈtekʃənɪzəm|
Brit.
|prəˈtekʃ(ə)nɪzəm|
noun
- the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
Extra examples
But one country's moratorium is another country's protectionism, and the U.S. is suspicious of Europe's actions.
The party wavered between free trade and protectionism.
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