nonprotectionist
Favoring open markets
Nonprotectionist describes economic policies or positions that oppose trade barriers like tariffs, quotas, and import restrictions.
A nonprotectionist stance favors free trade and open markets over shielding domestic industries from foreign competition: The administration's nonprotectionist approach drew criticism from manufacturing unions.
Reducing state economic controls
- deregulationRemoving governmental business restrictions
- free-marketUnregulated private exchange
- laissez-faireNoninterference in commerce
- neoliberalismPro-market, anti-regulation ideology
Favoring cooperation among nations
- multilateralismMulti-party international cooperation
- globalizationWorldwide economic and cultural integration
- interdependenceReciprocal reliance between entities
- cooperationJoint action toward shared aims
Exempt from import tariffs
- WTOGlobal commerce regulator
- GATTTariff-reducing treaty acronym
- most-favored-nationOptimal trade status granted
- transnationalCrossing country lines
Against corporate market dominance
- entrepreneurshipCreating and managing ventures
- contestabilityCapacity for challenge
- efficiencyProductive without waste
- nondiscriminationEqual treatment regardless of identity
liberalization
Reducing state economic controls
- deregulationRemoving governmental business restrictions
- free-marketUnregulated private exchange
- laissez-faireNoninterference in commerce
internationalism
Favoring cooperation among nations
- multilateralismMulti-party international cooperation
- globalizationWorldwide economic and cultural integration
- interdependenceReciprocal reliance between entities
cooperation · cosmopolitanism · supranational · interconnectedness
duty-free
Exempt from import tariffs
- WTOGlobal commerce regulator
- GATTTariff-reducing treaty acronym
- most-favored-nationOptimal trade status granted
antitrust
Against corporate market dominance
- entrepreneurshipCreating and managing ventures
- contestabilityCapacity for challenge
- efficiencyProductive without waste
nonprotectionistprotectionist
Favors limiting foreign trade
protectionism · isolationist · isolationism · mercantilist · mercantilism
protect, protects, protected, protecting, protector, protectors, protection, protections, protective