Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / What is protectionism?

What is protectionism?

Economics

What is protectionism?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Protectionism is an economic policy that limits trade between nations as a way of protecting a particular nation's domestic economy. This can take many forms. Some examples of protectionist policies are:

  1. Tariffs, or taxes on imports
  2. Import quotas, which limit how much of a certain good a nation can import
  3. Export subsidies, which pay domestic companies to export goods abroad
  4. Governments spending their own money on domestic products (preferential spending)

Related Questions