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Freetrade vs Protectionism - What's the difference?

freetrade | protectionism |

As a noun protectionism is

(politics|economics) a system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations.

freetrade

Not English

Freetrade has no English definition. It may be misspelled.

English words similar to 'freetrade':

fraternise, fraternize, fratricide, fioriture, fairtrade, firedrake, fordrive, fratrage

protectionism

English

(wikipedia protectionism)

Noun

  • (politics, economics) A system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations.

    • Related terms

    * protectionist English words suffixed with -ism