Associations to the word «Protectionism»

Wiktionary

PROTECTIONISM, noun. (politics) (economics) 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.

Dictionary definition

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

Wise words

In the End, we will remember not the words of our enemies, but the silence of our friends.
Martin Luther King, Jr.