broader protectionist approach

Idioma: es

📖 Definiciones

Proteccionismo amplio; Proteccionismo generalizado

EN: A general economic or political strategy characterized by the implementation of measures such as tariffs, quotas, and subsidies to shield domestic industries from foreign competition.; An expansion of traditional trade barriers beyond specific sectors to encompass a wider range of goods, services, or investment flows, often driven by national security or industrial policy concerns.

Critics argue that a broader protectionist approach will ultimately lead to higher prices for consumers and reduced global trade efficiency.

Los críticos argumentan que un enfoque proteccionista más amplio finalmente llevará a precios más altos para los consumidores y una menor eficiencia del comercio global.
The shift toward a broader protectionist approach has been evident in recent legislation targeting both agricultural products and high-tech manufacturing.

El cambio hacia un enfoque proteccionista más amplio ha sido evidente en la legislación reciente que apunta tanto a los productos agrícolas como a la manufactura de alta tecnología.