Definitionn. the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
Last update: October 20, 2015
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Any country should have its own strategy of protectionism. [Please select]
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But it remains the fact that his success with the free-trade movement was for years unchallenged, and that the leaps and bounds with which English commercial prosperity advanced after the repeal of the cornIaws were naturally associated with the reformed fiscal policy, so that the very name of protectionism came to be identified with all that was not merely heterodox but hateful. [Please select]
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His extreme protectionism repelled not only the Democrats but the tariff reformers who had played an important part in the organization of the Liberal Republican party. [Please select]
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Colbert regarded protectionism as only a temporary device, however, and spoke of tariffs as crutches by the help of which manufacturers might learn to walk and then throw them away. [Please select]
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