broader protectionist approach

Bahasa: id

📖 Definisi

Proteksionisme luas; Proteksionisme meluas

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.

Para kritikus berpendapat bahwa pendekatan proteksionis yang lebih luas pada akhirnya akan menyebabkan harga yang lebih tinggi bagi konsumen dan efisiensi perdagangan global yang berkurang.
The shift toward a broader protectionist approach has been evident in recent legislation targeting both agricultural products and high-tech manufacturing.

Perubahan menuju pendekatan proteksionis yang lebih luas telah terlihat dalam undang-undang terbaru yang menargetkan produk pertanian dan manufaktur berteknologi tinggi.