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• Protectionism


  The set of policies and measures implemented by a government to restrict or control international trade in order to protect domestic industries and businesses
• Protectionism in the agricultural sector

  Used to shield local farmers and agricultural producers from competition with imported agricultural products
• Examples of Protectionism

  • Trade Barriers
  • Subsidies and Price Supports
• Trade Barriers


  • Measures implemented by governments to control the import and export of goods and services
• Import Tariffs


  Additional taxes or fees imposed by a country on imported goods, including agricultural products, to make them more expensive compared to domestically produced goods
• Import Quotas


  Limits set by a country on the quantity of a particular product, including agricultural goods, that can be imported during a specific period
• Non-Tariff Barriers


  Trade barriers that are not in the form of tariffs or taxes, but rather through regulations, standards, or other measures that restrict imports
• Subsidies and Price Supports

  • Agricultural Subsidies
  • Domestic Price Supports
  • Export Subsidies
• Agricultural Subsidies


  Financial support provided by the government to farmers and agricultural producers
• Domestic Price Supports


  Government measures implemented to maintain or raise the price of agricultural products above the market equilibrium
• Export Subsidies


  Financial assistance provided by the government to domestic producers or exporters to support and promote the export of goods
• The topic of protectionism in agricultural policy highlights the various measures implemented by governments to protect domestic farmers and agricultural industries from foreign competition