Crisis Sparks Jump In Trade Remedy Cases: Report

Law360, New York (July 27, 2009, 4:01 PM EDT) -- Countries are increasingly resorting to protectionist trade strategies in the wake of the global economic crisis, turning to trade remedy cases as a response to pressure from domestic industries seeking a way to shield themselves from import competition, according to a new study.

Research compiled by Chad P. Bown, an economics professor at Brandeis University and fellow at the Brookings Institution, showed that despite public commitments from many countries to resist resorting to protectionist strategies, the use of policy instruments such as anti-dumping, safeguards and countervailing...
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