"Protectionism" Example Sentences
1. Many countries have resorted to protectionism to protect their domestic industries.
2. Protectionism is seen as a barrier to free trade and globalization.
3. The government imposed protectionism to safeguard the local economy from foreign competition.
4. Advocates of protectionism argue that it helps create and maintain local jobs.
5. The rise of protectionism has led to trade tensions and disputes between countries.
6. Protectionism often results in higher prices for consumers due to limited competition.
7. The government's protectionism policies have limited the import of foreign goods.
8. Critics of protectionism argue that it stifles innovation and growth.
9. The global economic downturn has led to increased protectionism in many countries.
10. Protectionism is often used as a tool by governments to appease domestic voters.
11. Protectionism can lead to retaliation from affected countries, resulting in a trade war.
12. The World Trade Organization advocates for free trade and against protectionism.
13. Protectionism can create an inefficient and uncompetitive market.
14. Protectionism is often used as a temporary measure to protect industries during a crisis.
15. The Trump administration's protectionism policies have been criticized by many economists.
16. Protectionism can hinder the transfer of technology and knowledge across borders.
17. The European Union has implemented measures to counter the rise of protectionism.
18. Protectionism can create a dependency on domestic industries, limiting access to global markets.
19. Protectionism has been used by many developing countries to build their economies.
20. The negative effects of protectionism can be felt by both the importing and exporting countries.
21. Protectionism can lead to a decrease in the quality of products due to the lack of competition.
22. The debate on protectionism versus free trade remains a controversial issue among economists.
23. Protectionism can reduce innovation and limit opportunities for growth and development.
24. Protectionism can be a response to unfair trade practices by other countries.
25. The rise of protectionism can lead to a decrease in foreign investment in a country.
26. Protectionism often results in a less diverse and stagnant marketplace.
27. The government's implementation of protectionism can sometimes lead to unintended consequences.
28. Protectionism can lead to increased corruption and a lack of transparency in trade.
29. The negative effects of protectionism can also have a ripple effect on related industries.
30. The World Trade Organization monitors and enforces regulations to prevent protectionism in global trade.
Common Phases
1. Implementing trade tariffs to protect domestic industries;
2. Restricting imports of foreign goods to limit competition;
3. Negotiating trade agreements to favor domestic businesses;
4. Subsidizing domestic industries to increase competitiveness;
5. Enforcing regulations to reduce foreign influence on domestic markets.