How many restrictive export and import measures have the big G20 countries added since 2008?
AMore than 200 such measures
BMore than 600 such measures
CMore than 1,200 such measures
DMore than 5,000 such measures
Answer & Solution
Correct answer: C. More than 1,200 such measures
1. Globalization is credited with creating jobs and wealth through comparative advantage.
2. A problem noted alongside that benefit concerns the leading economies themselves.
3. The big G20 countries have added more than 1,200 restrictive export and import measures since 2008.
4. Such measures work against the very specialization that produces the gains.
5. The three other figures understate or overstate that count.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 3 "Competing in the Global Marketplace", section 3.2 Why Nations Trade_
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