English / word
protectionism
noun C1MEANING IN ENGLISH
The theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.
In context
01
The government's protectionism helped local businesses grow.
02
The government imposed protectionism to safeguard local businesses.
Synonyms
trade restriction,tariff policy,economic nationalism
Antonyms
free trade,liberalization,globalization
Collocations
rise of protectionism,economic protectionism,trade protectionism