Protectionism

Anti-Dumping Duty
An Anti-Dumping Duty is a protective tariff employed by a country to deter the import of products sold below their fair market value.
Closed Economy
A closed economy is a self-sufficient system that doesn't engage in international trade.
Infant-Industry Theory
The Infant-Industry Theory explains the rationale behind trade protection for new industries in developing nations.
Protectionism
Protectionism refers to government policies that restrict international trade to support domestic industries.

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