Dictionary definition of protectionism

1. Protectionism is often viewed as a response to job losses and economic insecurity.
2. The rise of protectionism has been a topic of concern in international trade discussions.
3. Protectionism can restrict access to foreign markets and limit export opportunities.
4. The government implemented protectionism policies to support domestic manufacturing and job creation.
5. Some argue that protectionism protects inefficient industries at the expense of consumer choice and economic efficiency.
6. Protectionism can hinder international trade and economic growth.
7. Tariffs are a common tool used in protectionism.
8. Some argue that protectionism helps protect domestic jobs.
9. Protectionism can lead to trade disputes between nations.
10. Advocates of protectionism prioritize local industries.
11. Protectionism can limit consumer choice and increase prices.
12. Import quotas are a form of protectionism.
13. Protectionism often arises during economic downturns.
14. Critics argue that protectionism stifles innovation.
15. Trade barriers are erected to enforce protectionism.
16. Protectionism can have unintended consequences.
17. Countries may resort to protectionism in times of crisis.
18. Protectionism can strain diplomatic relations.
19. Protectionism can create trade imbalances.
20. Economic nationalism is closely linked to protectionism.
21. Protectionism may protect ailing industries temporarily.
22. Protectionism can lead to retaliation from trading partners.
23. Protectionism is a topic of debate in global economics.
24. Protectionism may harm developing economies.
25. Trade agreements aim to reduce protectionism's impact.