Home > Terms > Macedonian (MK) > протекционизам

протекционизам

Opposition to free trade. Although intended to protect a country’s economy from foreign competitors, it usually makes the protected country worse off than if it allowed international trade to proceed without hindrance from trade barriers such as quotas and tariffs.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

ane.red
  • 0

    Terms

  • 0

    Blossaries

  • 4

    Followers

Industry/Domain: People Category: Actresses

Елизабет Тејлор

A three-time Academy Awards winner, Elizabeth Taylor is an English-American film legend. Beginning as a child star, she is known for her acting talent ...

Featured blossaries

The worst epidemics in history

Category: Health   1 20 Terms

Role Play Games (RPG)

Category: Entertainment   1 19 Terms