The European Commission has published a report on potentially trade restrictive measures introduced between October 2008 and October 2009 by the European Union’s (EU) major trade partners. 223 new trade restrictive measures were reported as planned or introduced since October 2008.
The report says that a protectionist worst-case scenario has been avoided as the measures taken so far are rather limited in scope, relative to fears and previous experience with economic downturns.
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