WTO Protectionism Fears Unfounded, For Now: Experts

Law360, New York (December 7, 2009, 7:46 PM EST) -- Instances of trade retaliation have been surprisingly few despite the World Trade Organization's recent warning of a “slippage” toward protectionist policies among G-20 nations in the wake of the global economic crisis, but policymakers should still be on guard against such measures as the economy picks up, experts say.

The WTO sounded the alarm bell over the threat of increased protectionism in the wake of the financial crisis and skyrocketing unemployment rates, citing over 90 trade disputes from the past year in a recent report. The...
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