protectionism
17
7.0
- noun
- /prəˈtɛkʃənɪzəm/
:
proteccionismo
- The issues of subsidies and protectionism go to the core of the EC's problem.
- monetary protectionism
- trade protectionism
- the rise of protectionism
I don't understand people who claim to support the market who support protectionism.
- I don't understand people who claim to support the market who support protectionism.
- So on one hand, you get these sort of rules that come into effect for national protectionism for, you know, home security concerns.
- And those trends that we already see, as you said, are nationalism, uh, protectionism, a, a sense of putting up the barriers.
- That's, that's another form of, of protectionism.
- We've got some difficult, maybe problematic talk on protectionism and a nanny state for the favorite groups.
- You know, it's, it's a, it's a really broken system and a lot of protectionism through laws breaking down, opening, then closing back up.
Examples
-
The EU has slid from free trade into crony capitalism and protectionism.
-
A similar example of adverse market ripple effects is the agricultural protectionism of the major developed nations.
Academic text (2008) -
The biggest threat to the benefits of foreign direct investment would be a slide toward investment protectionism.
Academic text (2008) -
Now not only has the momentum stopped, but the threat of protectionism is mounting.
Academic text (1999) -
Protectionism impoverishes all of Europe.
-
If present patterns continue, protectionism and worse is the probable scenario, and both sides will lose.
Academic text (1992) -
We know from history that trade policy tends to backslide toward protectionism unless liberalization continues moving forward.
Academic text (1999) -
The turning point coincided with the onslaught of protectionism in the 1930s.
Academic text (1992) -
The world economy was in stagnation, international trade was contracting, and protectionism was rising in industrialized countries.
Academic text (1993) -
Many economists argue that protectionism can lead to higher prices for consumers due to limited competition.
Synonyms
9
5.0
A government rule that limits goods from other countries, for example by charging extra tax or setting limits
1
7.0
A rule or action that stops free competition between businesses
1
5.0
Laws that put taxes or limits on imports to help local businesses against foreign competition
1
8.9
A policy of limiting people or goods entering a country
A rule or tax that limits goods coming into a country
Antonyms
How Protectionist
17
7.0
57
3.5
Surface Forms
Morphology
protectionism = protection (transparent) = protect + ion + ism
The word is a standard derivation from 'protection' with '-ism' indicating a policy or doctrine, so the meaning 'policy of protecting domestic industries' is directly compositional.
Etymology
The word protectionism comes from the common verb protect, which means 'to keep safe', and the ending -ism, which means 'a system or policy'. So, protectionism is a policy of keeping local industries safe by limiting foreign goods and making imports harder.