protectionism
noun [U] /prəˈtek.ʃən.ɪ.zəm/ disapprovingDefinition
› the actions of a government to help its country's trade or industry by taxing goods bought from other countriesTaxationEconomics and the state of the economy protectionist /-ɪst/ adjective
(Definition of protectionism noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- buyer's market noun
- consumer price index noun
- deflation noun (MONEY)
- downturn noun
- econometrics noun
- economist noun
- enterprise culture noun
- GDP per capita noun
- GNI noun
- inflationary spiral noun
- macroeconomics noun
- market forces noun
- mixed economy noun
- open-door adjective
- recession noun
- retail price index noun
- saturate verb (FILL)
- spending noun
- squeeze noun (LIMIT)
- underdeveloped adjective
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Economics
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