Protectionism
What Protectionism means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Protectionism
Check what you remember
Read the wording for your board, then hide it and explain Protectionism in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Barriers to international exchange, such as tariffs and quotas, which trade liberalisation reduces or removes.
Topics that use Protectionism
- Trade and growth (Pearson Edexcel A-Level)
Related terms
- Comparative advantage
- Economic growth
- Economic vulnerability
- Foreign direct investment (FDI)
- International trade
- Resource allocation
- Structural unemployment
- Tariffs
Using Protectionism in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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