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Protectionism শব্দের বাংলা অর্থ: সংরক্ষণবাদ
Protectionism Meaning In Bengali সংরক্ষণবাদ
Protectionism
Definition
1) Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs, quotas, and trade barriers in order to protect domestic industries and promote self-sufficiency.
2) Protectionism can also refer to the practice of providing subsidies or other forms of government support to domestic industries to make them more competitive against foreign competitors.
3) In a broader sense, protectionism can also encompass policies aimed at shielding a country's economy from foreign competition in order to protect jobs, industries, and national interests.
Examples
Protectionism Example in a sentence
1) The government's protectionism policies aim to shield domestic industries from foreign competition.
2) Protectionism can sometimes lead to higher prices for consumers on imported goods.
3) Critics argue that protectionism can hinder innovation and economic growth.
4) Many trade disputes arise from countries engaging in protectionism measures.
5) Protectionism may be necessary in certain industries to safeguard national security interests.
6) Some economists believe that protectionism can lead to a trade war with detrimental effects on global economy.
7) Protectionism often involves imposing tariffs or quotas on imported goods.
8) The debate over protectionism centers around its impact on job creation and industry competitiveness.
9) Countries sometimes resort to protectionism in times of economic downturn to protect local businesses.
10) Proponents of protectionism argue that it can help preserve traditional industries and prevent outsourcing of jobs.
Part of Speech
Protectionism (Noun)
Synonyms
Encyclopedia
Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs, quotas, and trade barriers in order to protect domestic industries and promote self-sufficiency.
Protectionism can also refer to the practice of providing subsidies or other forms of government support to domestic industries to make them more competitive against foreign competitors.
In a broader sense, protectionism can also encompass policies aimed at shielding a country's economy from foreign competition in order to protect jobs, industries, and national interests.
