Protectionism
What is
Protectionism
Protectionism (Latin: protection = protection) or protectionism is an economic term, expressing a preference for protecting its own products, services or workers from foreign competition.
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Related terms and methods:
- Competition
- Competitiveness
- Customs Duty
- Import restrictions
- Merkantilism
- Products
- Product (Service) Lifecycle
- Supply (in Economics)
Related discipline:
Last update: 27.03.2016
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