Only Russia worse than Argentina in protectionist measures.

BY LATINVEX STAFF

Argentina ranks second worldwide in recent protectionist measures likely to affect foreign trade, according to a Latinvex analysis of Global Trade Alert data from the UK-based Center for Economic Policy Research. Only Russia has implemented more measures.

Argentina has implemented 237 protectionist measures. That compares with 155 in Brazil, the second-worst country in Latin America and sixth-worst worldwide.

Interestingly enough, Brazil has implemented fewer recent protectionist measures than the United States (164) and the United Kingdom (156), the data shows.

On average Latin America implemented 48 protectionist measures.

Honduras, Costa Rica and the Dominican Republic were the countries that implemented the fewest protectionist measures. Combined they implemented 11 measures, or 21 times less than Argentina. Among Latin America's top seven economies, Chile and Peru are the least protectionist, according to the Latinvex analysis.

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