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English definition of “protectionism”

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protectionism

noun [U]
 
 
/prəˈtekʃənɪzəm/ ECONOMICS
actions of a government to help its 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: The committee will discuss the relative merits of free trade and protectionism. economic protectionism
Translations of “protectionism”
in Chinese (Traditional) 貿易保護主義…
in Chinese (Simplified) 贸易保护主义…
(Definition of protectionism from the Cambridge Business English Dictionary © Cambridge University Press)
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