Despite the sharp economic contraction during 2008-2009, the increase in protectionist mea­ sures was fairly modest. Why do you think this was the case?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter3: Global Business
Section3.4A: The Economic Outlook For Trade
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Despite the sharp economic contraction during 2008-2009, the increase in protectionist mea­ sures was fairly modest. Why do you think this was the case?

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