protectionism
US /prəˈtek.ʃən.ɪ.zəm/
UK /prəˈtek.ʃən.ɪ.zəm/
1.
protecionismo
the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports
:
•
The government implemented protectionism to support local businesses.
O governo implementou o protecionismo para apoiar as empresas locais.
•
Critics argue that protectionism can lead to trade wars.
Críticos argumentam que o protecionismo pode levar a guerras comerciais.