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单词 protectionism
释义

protectionism

/prəˈtɛkʃ(ə)nɪzəm /
noun [mass noun] Economics
The theory or practice of shielding a country’s domestic industries from foreign competition by taxing imports.Moreover, the smaller the country, the greater will be the pressure to opt for free trade rather than protectionism....
  • He tried to persuade organized labor that free trade and not protectionism was in its interests.
  • We don't have to choose between strict protectionism and unregulated free trade.
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更新时间:2024/12/24 1:44:52