What is one major effect of the Covid-19 pandemic on globalization?

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The major effect of the Covid-19 pandemic on globalization is indeed the significant decrease in global trade. As countries implemented lockdowns and travel restrictions to mitigate the spread of the virus, many businesses faced operational disruptions. This resulted in a slowdown of production and supply chain activities, causing delays and shortages of goods. Many countries also turned towards protectionist measures, reducing imports and impacting trade agreements. The restrictions on movement and transportation not only affected the flow of commodities but also services, which are a crucial part of many economies. Thus, the overall volume of international trade experienced a notable decline during the pandemic, highlighting how global dependency can be vulnerable to sudden shocks like a health crisis.

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