What is protectionism in commercial policy?

adicionou um novo artigo Economics

2026-02-27 23:06:50 -

What is protectionism in commercial policy? Protectionism is a commercial (trade) policy in which a government uses laws, taxes, or regulations to protect its domestic industries from foreign competition. The main goal is to make imported goods more expensive or more difficult to sell, so that local producers can compete more easily inside their own country. In simple terms, protectionism...

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