COVID-19 and International Trade: Examining the Pandemic’s Impact on Globalization

ABSTRACT : The COVID-19 pandemic has had a profound impact on the global economy and has significantly disrupted international trade. This paper aims to examine the ways in which the pandemic has affected globalization and the international trade system. The study includes an analysis of the impacts of COVID-19 on trade flows, international supply chains, and the functioning of global value chains. The paper also explores the measures taken by governments to support international trade and assesses the effectiveness of these measures. Additionally, the study provides insights into the potential long-term effects of the pandemic on globalization and international trade. The findings of this research contribute to a better understanding of the COVID-19 pandemic’s impact on international trade and inform policymakers, businesses, and researchers about the challenges and opportunities that lie ahead.

Keywords: COVID-19, international trade, globalization, pandemic, trade flows, supply chains, value chains, government measures, long-term effects, policy, business. JELL Codes: H12 , H13