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| − | '''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. | + | '''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. It is related to the philosophy of [[economic nationalism]]. |
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| − | ==Protectionist Political in the United States== | + | [[Free trade]] was historically considered the opposite of protectionism; however, modern free trade ''agreements'' (such as [[NAFTA]]) consist of the presence of laws rather than the absence of them, which could be interpreted as protectionism. |
| − | - [[Federalist Party]] (defunct)
| + | |
| − | - [[Whig Party]] (defunct)
| + | ==Protectionist Political Parties in the United States== |
| − | - [[Republican Party]] (during the early 19th century)
| + | * [[Federalist Party]] (historical) |
| − | - [[Reform Party]]
| + | *[[National Republican Party]] (historical) |
| − | - [[Constitution Party]]
| + | * [[Whig Party]] (historical) |
| | + | * [[Republican Party]] (in the early 20th century; some factions currently favor it) |
| | + | * [[Reform Party]] |
| | + | * [[Constitution Party]] |
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| | ==Sources== | | ==Sources== |
| − | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | + | * http://usinfo.state.gov/products/pubs/oecon/chap12.htm |
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| | [[Category:Economics]] | | [[Category:Economics]] |
| | + | [[Category:Trade]] |
| | + | [[Category:Nationalism]] |