Protectionism - Wikipedia Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations
Protectionism | Definition, Examples, Facts | Britannica Money Protectionism, policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other restrictions or handicaps placed on the imports of foreign competitors
Understanding the Pros and Cons of Protectionism - ThoughtCo Protectionism is a government-imposed trade policy by which countries attempt to protect their industries and workers from foreign competition Protectionism is commonly implemented by the imposition of tariffs, quotas on import and exports, product standard, and government subsidies
Protectionism - Definition, Types, Advantages and Disadvantages Protectionism is the practice of following protectionist trade policies A protectionist trade policy allows the government of a country to promote domestic producers, and thereby boost the domestic production of goods and services by imposing tariffs or otherwise limiting foreign goods and services in the marketplace
Protectionism - Econlib The current concerns about protectionism extend to two main issues First, the exclusion of rich-country agricultural protectionism, chiefly in the form of production and trade subsidies exempted from GATT discipline by a waiver in 1965, is finally being challenged effectively
Protectionism Explained: How It Works, Types, and Examples This article explores different tools of protectionism, its advantages and disadvantages, real-world examples, and answers frequently asked questions Understanding protectionism helps clarify the balance between promoting domestic industries and maintaining healthy international trade relations
Examples and Types of Protectionism - Economics Help Devaluation as protectionism In the past, China has sought to target its exchange rate They have sought to keep the currency undervalued by using its foreign exchange reserves to buy foreign assets such as dollar securities
Protectionism | EBSCO Research Starters Protectionism was prominent in the 1960s and 1970s when governments in developing countries promoted their nations' industrialization by substituting imports and closing borders to foreign goods that were already produced by domestic firms
Protectionism in Trade: Meaning, Advantages and Disadvantages Protectionism changes the way countries interact in the global market It often leads to reduced imports, higher prices, and less variety for the end consumers This can cause a shift in the balance of supply and demand