protectionism
IPA: prʌtˈɛkʃʌnɪzʌm
noun
- (politics, economics) A system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations.
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Examples of "protectionism" in Sentences
- Mitch Potter of the Star reported this week on the increase in protectionism in the U.S.,
- If the emerging markets do not start to seriously revalue, trade war and protectionism is bound to begin in earnest.
- Normal market incentives (out performing your competition) are sufficient incentive for Creativity, protectionism is not needed.
- They imply that protectionism is always bad, but people want jobs in their countries, and they want the money flowing around them.
- He rejected what he called protectionism and both leaders said they'd work to perfect a trade agreement enacted between the countries last year.
- Yes, of course protectionism is anti-liberty, but so is tax collection so that roads to cities you're never going to visit, but we are okay with that.
- Now McCain today declaring that in his opinion the consequences of what he called protectionism and isolationism could cause immense harm to middle class Americans.
- DOBBS: Alan Greenspan has said in effect that he is very concerned about the rising tide of what he called protectionism, do you view this legislation as protectionism?
- They argue that we can squelch popular support for protectionism by making the tax code more progressive: The best way to avert the rise in protectionism is by instituting a New Deal for globalization -- one that links engagement with the world economy to a substantial redistribution of income.
- As people apply the term protectionism as it pertains to outsourcing and the destruction of our Middle-class was and has been a "conspiracy" to transfer the wealth of the nation to the elites and "corpracy" that now appear to rule our nation; the impact of this globalization is now threatening the very existence of our entire social structure and the outsourcing still continues unabated.
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