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Contribution

The Threats of Protectionism in Deep Crises

Authors

  • Lechthaler
  • W.

Publication Date

Key Words

COVID19

Protectionism

recession

Tariffs

trade war

Related Topics

Economic & Financial Crises

  • During deep crisis the temptation to enact protectionist measures is especially strong.
  • Protectionist measures are hard to draw back once installed.
  • Therefore, it is crucial withstand the temptation of protectionism and to defend the open rules-based order of international trade with all strength.

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