Brazil is not the worst offender when it comes to protectionism: it ranks behind Russia, Argentina, several European countries, India and China in discriminatory measures taken since November 2008, according to GlobalTradeAlert, a free-trade watchdog.
World trade is likely to slump by 10% in 2009, and a report from the London-based GlobalTradeAlert claimed this week that, on average, a G20 member has broken the no-protectionism pledge once every three days since it was made.