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ASSESSMENT ON THE EFFECTS OF COVID 19 ON INTERNATIONAL TRADE
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- Contributor: Liousa-Ekene
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- Case No: 487715pw
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ABSRACT - [ Total Page(s): 1 ]The globalization of COVID-19 pandemic is en route to produce a chain of economic impacts worldwide through distortions in global trade and supply chain. The globalization of production and trade shocks in relation to China generate substantial threat to world trade. The aim of this paper is to provide a preliminary and broadbased understanding of likely trade implications of the pandemic. Beginning with an assessment on likely implications for trade between China and the rest of the world, the paper uses a standard trade analysis framework to explain the implications forworld trade. The study
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CHAPTER ONE - [ Total Page(s): 1 ]1.1 BACKGROUND OF THE STUDYThe COVID pandemic fundamentally differs from previous episodes in two notable ways: (1) the transmission of diseases has been much quicker than in past episodes, causing large-scale containment policies that are implemented almost synchronized globally, and (2) abrupt disruption of value chains that leads to a sudden global economic end. Concerning the number of new passage arrivals and the openness to and dependency on commerce and foreign investment, and not least the pacing and rigourousness of government preventive action, the COVID-19 pandemic has various effec ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The globalization of COVID-19 pandemic is en route to produce a chain of economic impacts worldwide through distortions in global trade and supply chain. The globalization of production and trade shocks in relation to China generate substantial threat to world trade. The aim of this paper is to provide a preliminary and broadbased understanding of likely trade implications of the pandemic. Beginning with an assessment on likely implications for trade between China and the rest of the world, the paper uses a standard trade analysis framework to explain the implications forworld trade. The study
... Continue Reading
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