Translated version

Protectionism

State economic policy aimed at protecting the domestic market and local producers from foreign competition by applying various trade barriers such as tariffs, import quotas, or subsidies.

Original version

Protekcionizmas

Valstybės ekonominė politika, kuria siekiama apsaugoti vidaus rinką ir vietos gamintojus nuo užsienio konkurencijos, taikant įvairius prekybos barjerus, tokius kaip muitai, importo kvotos ar subsidijos.

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