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What is "protectionism"

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protectionism
Longman Dictionary of Contemporary English
protectionism
noun
EXAMPLES FROM CORPUS
▪ But the relative strength of scale economies and political protectionism varies greatly between different communications fields.
▪ But those of us who understand history must shudder at his adulation of the false gods of isolationism and protectionism.
▪ Dole, Alexander and Forbes responded by accusing Buchanan of advocating a dangerous form of protectionism.
▪ In general terms, the report argues that protectionism has a negative effect on the environment.
▪ In two fields - telecommunications and media - self-sufficiency and protectionism predominate.
▪ Still, these averages mask a lot of protectionism for individual sectors.
▪ 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.
The Collaborative International Dictionary
Protectionism

Protectionism \Pro*tec"tion*ism\, n. (Polit. Econ.) The doctrine or policy of protectionists. See Protection, 4.

Douglas Harper's Etymology Dictionary
protectionism

1846, from protectionist + -ism.

Wiktionary
protectionism

n. (context politics economics English) 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.

WordNet
protectionism

n. the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition

Wikipedia
Protectionism

In economics, protectionism is the economic policy of restraining trade between countries through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services produced domestically. According to their proponents, protectionist policies protect the businesses and workers within a country by restricting or regulating trade with foreign nations. In recent years, protectionism has manifested itself through popular anti-globalization and anti-immigration movements.

The doctrine of protectionism contrasts with the doctrine of free trade, where governments reduce as much as possible the barriers to trade. There is a broad consensus among economists that the impact of protectionism on economic growth (and on economic welfare in general) is largely negative.

Usage examples of "protectionism".

Or even by demagogic but counterproductive measures voted through by the assemblies -- debt repudiation, protectionism, hyperinflation, that sort of thing.

They tried to fight back with talk of protectionism and deficit financing, but they were no match for Jon-Tom musically.

This protectionism hinders the spread of literacy, deprives the masses of much needed knowledge, discriminates against the poor, and, ultimately, undermines democracy - believes Hart.

His extreme protectionism repelled not only the Democrats but the tariff reformers who had played an important part in the organization of the Liberal Republican party.

And providing we all understand the differences between protectionism and simple common sense.

But the strangling protectionism and isolationism that has characterized Ideiren foreign and trade policy since the Treaty of Mypril will only, if it continues, prevent Ideire from joining the global community, and from taking its place among the nations of the world.

I was asked whether I was for free trade, protectionism, or something in between.

They had no patience with protectionism, found unions troublesome, and were not particularly sympathetic to those whose lives were upended by the movements of global capital.

Clearly our large trade deficit with Japan was due in part to protectionism.