Financial Times FT.com

World Bank finds limited effects from protectionism

By Alan Beattie,World Trade Editor

Published: October 20 2009 17:55 | Last updated: October 20 2009 17:55

A sharply rising number of attempts to block imports has led to a much smaller increase in actual tariffs and affected only a limited share of global trade, according to World Bank research.

The latest results from the Global Antidumping Database, a monitoring service sponsored by the bank, show the number of new official investigations into imposing so-called “trade remedies” – emergency blocks on imports – rising sharply in the third quarter of 2009. Investigations are opened at the behest of domestic producers seeking relief from cheap imports.

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