Difference between revisions of "Protectionism"

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(Created page with "Protectionism are government policies to reduce or block imports. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Protectionis...")
 
 
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
:[[Protectionism]]. Government policies to reduce or block imports.
 
:[[Protectionism]]. Government policies to reduce or block imports.
 +
According to the [[Strategic Management by David and David (15th edition)]],
 +
:[[Protectionism]]. When countries impose tariffs, taxes, and regulations on firms outside the country to favor their own companies and people.
  
 
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[[Category: Economics]][[Category: Articles]][[Category: Strategic Management]]
[[Category: Economics]][[Category: Articles]]
 

Latest revision as of 21:58, 16 July 2020

Protectionism are government policies to reduce or block imports.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Protectionism. Government policies to reduce or block imports.

According to the Strategic Management by David and David (15th edition),

Protectionism. When countries impose tariffs, taxes, and regulations on firms outside the country to favor their own companies and people.