trade protection

(eg. summary, critical, celtic )

trade protection Meaning of "trade protection"

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Definition(s):

  • (n) the imposition of duties or quotas on imports in order to protect domestic industry against foreign competition

Usage(s):

  1. This sort of unintended consequence is one of the classic arguments against trade protection.
  2. Phrase suggesting a Soviet style of government of selective tax breaks and trade protection.
  3. But a bailout for their legacy costs and years of poor planning, coupled with trade protection, would set a bad precedent, critics charge.
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incendiary
/ɪn ˈsɛn di ɛ ri /

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