protectionism
pro|tec|tion|ism /prət'ekʃənɪzəm/
[N-UNCOUNT]
Protectionism is the policy some countries have of helping their own industries by putting a large tax on imported goods or by restricting imports in some other way. (BUSINESS)
...talks to promote free trade and avert increasing protectionism.
[N-UNCOUNT]
Protectionism is the policy some countries have of helping their own industries by putting a large tax on imported goods or by restricting imports in some other way. (BUSINESS)
...talks to promote free trade and avert increasing protectionism.