protectionism
🇺🇸
/prəˈtekʃənɪzəm/
🇬🇧
/prəˈtekʃənɪzəm/
noun
R
the policy of shielding a country's domestic industries from foreign competition by taxing imports.
The rise in protectionism has led to increased tariffs on imported goods.
translation
the policy of shielding a country's domestic industries from foreign competition by taxing imports.
Word Forms
Plural
protectionisms