noun🔗ShareProteccionismoA system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations."The local toy company argued for protectionism, hoping tariffs on imported toys would help them sell more of their own products. "La empresa local de juguetes abogó por el proteccionismo, con la esperanza de que los aranceles sobre los juguetes importados les ayudaran a vender más de sus propios productos.economybusinessgovernmentpoliticsChat with AIVocabulary GamePractice Reading