Difference between revisions of "Protectionism"
(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. | ||
| − | + | [[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.
