What Are Examples of Protectionism? Common examples of protectionism, or tools that are used to implement a policy of protectionism, include tariffs, quotas, and subsidies. All of these tools are meant to promote domestic companies by making foreign goods more expensive or scarce. ...
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Examples from the Corpus protectionism• But those of us who understand history must shudder at his adulation of the false gods of isolationism and protectionism.• In two fields - telecommunications and media - self-sufficiency and protectionism predominate.• The first, rich country protectionism...
Examples from the Corpus From Longman Business Dictionarypro‧tec‧tion‧is‧m/prəˈtekʃənɪzəm/noun[uncountable]when a government tries to help industry,farmingetc in its own country by taxing foreign goods thatcompetewith it, solimitingthe number that can beimportedEconomists...
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Social Environment of a Business | Definition, Effects & Examples9:04 How The Global Business Environment Affects Business: Explanation & Examples6:45 Ch 2.Practicing Social Responsibility and... Ch 3.Economics and Business Ch 4.Forms of Business Ownership ...
This paper uses a number of recent examples of protectionist regulations to show that the enemies of regulatory protectionism are transparency and vigilance. Policymakers should be skeptical of regulatory proposals backed by the target domestic industry and of proposals that lack a plausible theory of ...
Definition and Examples of Trade Protectionism Trade protectionism is a measured and purposeful policy by a nation to control imports while promoting exports. It is done in an effort to promote the economy of the nation above all other economies. ...
Examples include import quotas, which set a maximum number of imports for a certain good over a given period of time, and import substitution, in which the state subsidizes businesses and industries to make domestic goods less expensive. By far the most common example, however, is the tariff...
Some other examples of Protectionist policies put in place: Banana Wars: For over 6 years, a trade war took place between the EU and the US about the production of Bananas. The US filed a WTO complaint against the EU, highlighting the EU scheme which gave banana producers from Caribbean fo...