Difference between revisions of "Protectionism"

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==Sources==
 
==Sources==
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[http://www.youtube.com/watch?v=eBGIQ7ZuuiU US Info.org]
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http://usinfo.state.gov/products/pubs/oecon/chap12.htm
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[[Category:Economics]]
 
[[Category:Economics]]

Revision as of 22:28, April 12, 2008

Protectionism refers to protecting domestic workers and businesses against competition by foreign businesses. The term is often used in a pejorative sense to criticize tariffs and other measures that have the effect of helping Americans in an economic sense.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm

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