The basic concept of protectionism and mercantilism is the same.

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Protectionism and mercantilism both involve government policies designed to protect domestic industries and promote economic growth. Protectionism seeks to limit imports through tariffs and other barriers, while mercantilism emphasizes the accumulation of wealth through exports and favorable trade balances. Both approaches are based on the idea that a country's economic success depends on promoting its own interests at the expense of others.

The Basic Concept of Protectionism and Mercantilism Is the Same