
Protectionism
Economic Focus
Protectionism is associated with economic policies and decisions, so it's frequently discussed in business and trade contexts.
Protectionism can lead to higher prices for consumers as imports become more expensive.
Government Role
This term often appears when talking about government measures or strategies aimed at regulating trade.
The new government promised to reduce protectionism to attract more foreign investments.
International Relations
Protectionism can impact how countries interact and negotiate trade agreements with one another.
Some countries voiced concerns over the rising protectionism.
Compare with
Isolation
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension