Protectionism Doesnt Pay 国际商务毕业论文翻译.docVIP

Protectionism Doesnt Pay The global financial crisis is no doubt a catalyst for trade protectionism. As the world economy deteriorates, some countries try to boost growth prospects by erecting trade barriers. China calls on these governments not to replay history and revert to protectionism and economic isolationism.Previous global economic crises were usually accompanied by frequent trade disputes. The United States erection of large-scale tariffs in 1930, for example, triggered a retaliatory global trade war. During the two oil shocks in the 1970s and 1980s, trade frictions emerged when m