noun

protectionism

protectionism

Protectionism can harm international trade.

Protectionism can harm international trade.

The government is leaning towards protectionism.

The government is leaning towards protectionism.

((uncountable noun)) protectionism Protectionism is often debated by economists.

Synonyms: trade barriers, economic nationalism; Antonyms: free trade, globalism

From 'protect' + '-ion' (action/state) + '-ism' (doctrine/practice). The practice of 'protecting' domestic industries.

Picture a country putting up a 'protective' wall or shield around its economy.

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