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Global Trade Protectionism after the Financial Crisis and the Improvement of WTO Rules

LI De-xuan

Open publisher page 1 citations

Abstract

The global financial crisis has given rise to worldwide trade protectionism.The birth and proliferation of the trade protection measures exposes the flaws of WTO in the restraint of trade protectionism.Therefore,in order to cope with trade protectionism,WTO rules should be revised accordingly.This paper,by means of the analysis of the rationality and validity of the protection measures,seeks to find out the limitations of WTO rules,and attempts to amend or improve the defects of WTO rules.

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What this paper is about

The global financial crisis has given rise to worldwide trade protectionism.The birth and proliferation of the trade protection measures exposes the flaws of WTO in the restraint of trade protectionism.Therefore,in order to cope with trade protectionism,WTO rules should be revised accordingly.This paper,by means of the analysis of the rationality and validity of the protection measures,seeks to find out the limitations of WTO rules,and attempts to amend or improve the defects of WTO rules.

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Available abstract

The global financial crisis has given rise to worldwide trade protectionism.The birth and proliferation of the trade protection measures exposes the flaws of WTO in the restraint of trade protectionism.Therefore,in order to cope with trade protectionism,WTO rules should be revised accordingly.This paper,by means of the analysis of the rationality and validity of the protection measures,seeks to find out the limitations of WTO rules,and attempts to amend or improve the defects of WTO rules.

Key concepts: Protectionism, International trade, Financial crisis, Economics, International economics, Order (exchange), Finance, Macroeconomics

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