TRADE PROTECTION
(noun)Definitions
There is 1 meaning of the phrase
Trade Protection.
Trade Protection - as a noun
The imposition of duties or quotas on imports in order to protect domestic industry against foreign competition
Example: "He made trade protection a plank in the party platform"
Synonyms (Exact Relations)
protection14Example Sentences
"The government implemented trade protection policies to shield local businesses from imports."
"Many countries impose trade protection measures such as tariffs and quotas."
"Supporters argue that trade protection is necessary to preserve jobs and industries."
"Opponents claim that trade protection inhibits economic growth and harms global trade relations."
"The World Trade Organization oversees disputes related to trade protection measures."
