protectionism

Word family

Related topics: Economics

pro·tec·tion·is·m /prəˈtekʃənɪzəm/ noun [uncountableU]

PEwhen a government tries to help industries in its own country by taxing or restricting foreign goods 贸易保护主义

—protectionist adjectiveadj

—protectionist noun [countableC]

Examples from the Corpus

protectionism• But those of us who understand history must shudder at his adulation of the false gods of isolationism and protectionism.• In two fields - telecommunications and media - self-sufficiency and protectionism predominate.• The first, rich country protectionism, comes from within global capitalism, but in the form of national as opposed to systemic interests.• This evening we have seen the old familiar Labour party of intervention, protectionism and high prices.• Dole, Alexander and Forbes responded by accusing Buchanan of advocating a dangerous form of protectionism.• Still, these averages mask a lot of protectionism for individual sectors.• But the relative strength of scale economies and political protectionism varies greatly between different communications fields.• In general terms, the report argues that protectionism has a negative effect on the environment.

From Longman Business Dictionary

protectionismpro·tec·tion·is·m /prəˈtekʃənɪzəm/ noun [uncountableU]ECONOMICS

when a government tries to help industry, farming etc in its own country by taxing foreign goods that compete with it, so limiting the number that can be imported

Economists know that protectionism promotes inefficiency and waste.

protectionism and trade wars

—protectionist noun [countableC]

His reluctance to fight the trade issue politically will only help the protectionists succeed.

—protectionist adjectiveadj

protectionist laws that shield the nation’s computer industry from foreign competition

pro·tec·tion·is·m noun

Chinese

Syllable

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