Meaning of “global protectionism” in the English Dictionary

business-english dictionary

"global protectionism" in Business English

See all translations

global protectionismnoun [ U ]


actions of governments in different parts of the world to help their own country’s trade or industry by putting taxes on goods bought from other countries or by limiting the amount of goods that can be imported:

(Definition of “global protectionism” from the Cambridge Business English Dictionary © Cambridge University Press)