The data below demonstrates that during the financial crisis, numerous countries simultane- ously introduced policies to...

Transcribed Image Text:

The data below demonstrates that during the financial crisis, numerous countries simultane- ously introduced policies to facilitate and restrict trade. Explain how both types of policies (applied to different goods) might help domestic producers. 5. Number of Newly Initiated Trade Measures, 89 Countries, September 2008 - July 2011 Vietnam, (21) Yemen, Rep. of- Uzbekistan United States, (52) UAE Ukraine, (20) Turkey, (26) Ukraine, 6 Turkey, 5 Tanzania liberalizing Switzerland Sri Lanka Sierra Leone restrictive Saudi Arabia Russian Federation, (49) Russian Federation, 33 CU of Blr, Kzk, Rus, (24) Peru CU of Blr, Kzk, Rus, 29 Pakistan, (21) -Pakistan, 11 Nigeria Morocco Moldova Malaysia Kyrgyz Rep.- - Malaysia, 7 Kazakhstan, (10) Jamaica Indonesia, 16 India, (119) Indonesia, (53). India, 39 European Union, (62) - Argentina, (69) (120) (100) (80) Honduras Gabon El Salvador Dominican Republic- Colombia China, (50) Brazil, (55) China, 21 Chile Cameroon Brazil, 36 Bosnia & Herzegovina Australia, (30) Bangladesh Australia Algeria (60) (40) (20) 20 20 40 The data below demonstrates that during the financial crisis, numerous countries simultane- ously introduced policies to facilitate and restrict trade. Explain how both types of policies (applied to different goods) might help domestic producers. 5. Number of Newly Initiated Trade Measures, 89 Countries, September 2008 - July 2011 Vietnam, (21) Yemen, Rep. of- Uzbekistan United States, (52) UAE Ukraine, (20) Turkey, (26) Ukraine, 6 Turkey, 5 Tanzania liberalizing Switzerland Sri Lanka Sierra Leone restrictive Saudi Arabia Russian Federation, (49) Russian Federation, 33 CU of Blr, Kzk, Rus, (24) Peru CU of Blr, Kzk, Rus, 29 Pakistan, (21) -Pakistan, 11 Nigeria Morocco Moldova Malaysia Kyrgyz Rep.- - Malaysia, 7 Kazakhstan, (10) Jamaica Indonesia, 16 India, (119) Indonesia, (53). India, 39 European Union, (62) - Argentina, (69) (120) (100) (80) Honduras Gabon El Salvador Dominican Republic- Colombia China, (50) Brazil, (55) China, 21 Chile Cameroon Brazil, 36 Bosnia & Herzegovina Australia, (30) Bangladesh Australia Algeria (60) (40) (20) 20 20 40