Definition of protectionism noun from the Oxford Advanced Learner's Dictionary

 

protectionism

 noun
noun
BrE BrE//prəˈtekʃənɪzəm//
 
; NAmE NAmE//prəˈtekʃənɪzəm//
 
[uncountable]
 
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the principle or practice of protecting a country’s own industry by taxing foreign goods
See the Oxford Advanced American Dictionary entry: protectionism