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1. The effects of the covid-19 pandemic on global trade
The Global Impact of COVID-19 on The economies of countries in the world starting from the
stock exchange Almost all The world is in free fall, Almost half the banks the center of the country in the
world cut interest rates for strengthen the economy. In the world Tourism around the world is deserted,
hotels, lodging, travel agencies and airlines many went bankrupt. In the world Many factories are closed
because of Lockdown. Occurrence of Slowdown global economic growth at the beginning Pandemic until
the end of 2020. In The world of Trade in 2020 happens road closures and lockdowns in some countries
causes the occurrence of obstruction of goods and services so that for countries that depend on imports
difficulty in finding basic ingredients and household necessities including tissues and diapers for toddlers
in America and european countries.
On the fiscal side, authorities in various countries pursue an expansionary policy with provide a
large amount of stimulus and quick. Fiscal stimulus is good for maintain the impact of Covid-19 on health
and maintain people's purchasing power,such as social assistance to the community. Stimulus Fiscal is also
given to keep the side economic production, such as incentives to the business world, especially micro,
small and medium, Market Traders as well as relief corporate tax.