Moreover, the smaller the country, the greater will be the pressure to opt for free trade rather than protectionism .
the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.
translation of 'protectionism'
We don't have to choose between strict 'protectionism' and unregulated free trade.
Moreover, the smaller the country, the greater will be the pressure to opt for free trade rather than 'protectionism' .
They oppose industrial policy, nationalisation and 'protectionism' .
He tried to persuade organized labor that free trade and not 'protectionism' was in its interests.
He promoted economic nationalism, 'protectionism' , and further cuts in social spending.
All this leads to a myriad of various political economies with abundant 'protectionist' features.
The opponents of world bureaucracies, no matter how much they favored free trade, were called isolationists and 'protectionists' - words drawn from recent war propaganda.
The economic consequences of 'protectionist' policies and of the trend toward autarky are the same for all countries.
What drives trade/current account balances are not, as 'protectionists' would suggest, trade policy or wage levels but rather the level of national savings as well as a country's attractiveness for investments.
His position on protective tariffs, like that of other influential 'protectionists' of his day, was not unrelated to concern about general overproduction and the causes of economic crisis.
Credits: Google Translate