PROTECTIONISM

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

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

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("protectionism" is a kind of...):

economic policy (a government policy for maintaining economic growth and tax revenues)

Hyponyms (each of the following is a kind of "protectionism"):

import barrier; trade barrier (any regulation or policy that restricts international trade)

Derivation:

protectionist (an advocate of protectionism)

Credits