THE EFFECT OF WORLD ECONOMIC CRISIS ON THE INSTRUMENTS OF PROTECTIONISM OF THE G20 STATES: RECENT TRENDS

Abstract

Analysed the common trend of the development of the world economy and trade in recent years. Defined the measures, taken by G20 countries during this period. Investigated the effect of rate regulation on world imports (by sector). Defined a special role of the WTO as an effective instrument of regulation of world trade.