Protektionismin
Protektionismin refers to the policy of restricting imports to protect domestic industries from foreign competition. It is a protectionist approach, in contrast to free trade. Policy instruments include tariffs, import quotas, licensing requirements, and subsidies or domestic content rules. Non-tariff barriers, such as stringent product standards or complex customs procedures, can also limit competition. Proponents argue that protektionismin can shield infant industries, preserve strategic sectors, reduce unemployment, and safeguard national security or balance-of-payments stability. It may also give governments leverage in negotiations and allow time for domestic adaptation to global markets.
However, protectionism can reduce economic welfare by raising prices for consumers, limiting choices, and decreasing efficiency
Historically, protectionism has been associated with mercantilist policies and barriers that impeded cross-border exchange. In the
Today, protektionismin remains a persistent issue in trade policy, often invoked during economic downturns or amid