proteccionismo

protectionism

noun proh-tek-syoh-NEES-moh Rare

Usage Note

Proteccionismo is the economic policy of shielding domestic industries from foreign competition through tariffs, quotas, and subsidies. Its adjective is proteccionista, which also serves as a noun (un proteccionista — 'a protectionist'). The term is opposed by librecambismo or libre comercio ('free trade') in economic debates.

Examples

"El proteccionismo elevó el precio de los productos importados."

Natural Translation

Protectionism raised the price of imported products.

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