| 单词 | protectionism |
| 释义 | protectionism The belief that restriction of international trade is a desirable policy. The aim may be preventing unemployment or capital losses in industries threatened by imports, the promotion of particular types of industrial development, affecting the internal distribution of incomes, or improving a country's terms of trade by exploiting its international monopoly power. Some politicians regard protectionist measures as desirable for their own sake; many who do not approve of protection still support it, as they cannot afford to lose the votes or financial support of those who demand it. See also: new protectionism |
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