Protectionism - Definitions from Dictionary.com

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Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This

pro·tec·tion·ism

Audio Help [pruh-tek-shuh-niz-uh

m] Pronunciation Key

–noun

1.	Economics. the theory, practice, or system of fostering or developing domestic industries by protecting them from foreign competition through duties or quotas imposed on importations.

2.	any program, policy, or system of laws that seeks to provide protection for property owners, wildlife, the environment, etc.

[Origin: 1855–60; protection + -ism

]

—Related forms

pro·tec·tion·ist, noun, adjective

pro·tec·tion·is·tic, adjective

Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.

Encyclopædia Britannica, Inc.
Protectionism

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American Heritage Dictionary - Cite This Source - Share This

pro·tec·tion·ism Audio Help (prə-těk'shə-nĭz'əm) Pronunciation Key
n. The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services.

pro·tec'tion·ist n.

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The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.

WordNet - Cite This Source - Share This

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

Investopedia - Cite This Source - Share This

Protectionism

Actions taken by a government to prevent imports from destroying domestic producers.

Investopedia Commentary

Governments that impose tariffs, quotas, or any other type of tax on imports are taking on a policy of protectionism.

See also: Dumping, Export, Import, Quota, Tariff, WTO

Wallstreet Words - Cite This Source - Share This
protectionism

The establishment of barriers to the importation of goods and services from foreign countries in order to protect domestic producers. Protectionism generates higherconsumer prices. It is also likely to penalize domestic exporters because foreign countries are apt to retaliate with trade barriers of their own.

Webster's Revised Unabridged Dictionary - Cite This Source - Share This

Protectionism

Pro*tec"tion*ism\, n. (Polit. Econ.) The doctrine or policy of protectionists. See Protection, 4.

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