Protectionism
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In economics, protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations. Protectionist policies protect the producers, businesses, and workers of the import-competing sector in a country from foreign competitors. However, they hurt consumers in general, and the producers and workers in export sectors, both in the country implementing protectionist policies, and in the countries protected against.
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See also
- Developmentalism
- American System (economic plan)
- National Policy
- Digital Millennium Copyright Act
- Economic nationalism
- Free trade debate
- Globalization
- Henry C. Carey
- Imperial Preference
- International trade
- Not Invented Here
- Project Labor Agreement
- Protected Geographical Status
- Protection or Free Trade
- Protectionism in the United States
- Protective tariff
- Rent seeking
- Resistive economy
- Tariff Reform League
- United Kingdom general election, 1923
- Voluntary export restraint
- Washington Consensus
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Protectionism" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
