Concept information
Preferred term
protectionism and tariffs
Definition
- Protectionism is a term used to describe action that a national government takes to affect the importation of goods or services in the interest of sheltering domestic producers or service providers from international competition. Traditionally, the most common form of protection has been the tariff, which constitutes a tax levied against imported goods. [Source: The Encyclopedia of Political Science; Protectionism and Tariffs]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/protectionism_and_tariffs
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