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The Coronavirus outbreak in China has killed at least 360 people and infected more than 17,300...

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Economics

The Coronavirus outbreak in China has killed at least 360people and infected more than 17,300 globally. China authoritiesrapidly extend the quarantine effort to control the spread of thedisease on 24 Jan 2020 to 13 cities with 41 million people. A rangeof Lunar New Year festivities have been cancelled, while temporaryclosures of Beijing's Forbidden City, Shanghai's Disneyland andothers tourist spots.
Besides of the actions taken by China authorities, The U.S.,and governments in Europe and Asia are enforcing new regulations toblock visitors from China and screen returning U.S. citizens, whilemajor airlines suspended flights to the country and companiespulled out expatriate executives.

You are required to do the following:
Use evidences to present the impacts of coronavirus oninternational trade and economic growth in Asia Region.

Propose any relevant public policies which could address thisunexpected event.

word count 500

Answer & Explanation Solved by verified expert
3.6 Ratings (531 Votes)
1 Coronavirus can be seen as a large scale natural disaster It has impacted the world so much that almost all the economies are closed now as countries are following strict lockdown in order to save the life of the people As all the economic activities are on standstill mode the impact has been felt across all the industries As we know that Asia has some of the major economies of the world like China and India this slowdown will impact the global economy The world is moving towards the biggest crises of all the times Something which is getting very    See Answer
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