Definition for Difference between revisions of "Protectionism"
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(Created page with "Protectionism is the practice of protecting domestic business against foreign competition.") |
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| − | Protectionism is the practice of protecting domestic business against foreign competition. | + | 1. Protectionism is the practice of protecting domestic business against foreign competition. |
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| + | 2. An effort to protect domestic producers by means of controls on imports such as tariffs and quotas. | ||
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| + | [[Category:Economics]] | ||
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| + | [[Category:Business]] | ||
Latest revision as of 14:43, 30 October 2017
1. Protectionism is the practice of protecting domestic business against foreign competition.
2. An effort to protect domestic producers by means of controls on imports such as tariffs and quotas.