A Detailed Report on the Impact of COVID-19 on Global Trade

This report examines the impact of the COVID-19 pandemic on global trade, utilizing a CARP test to evaluate the credibility and relevance of various sources. It references articles and journals to explore the implications of COVID-19 on GDP, trade networks, and economic policies. The analysis covers the currency, authority, relevance, and purpose of information from sources like the World Bank and academic publications. The report highlights the shift in economic perspectives due to the pandemic, focusing on the disruption of global supply chains and the need for revised economic strategies, with all sources referenced for academic integrity and available for further research.

IMPACT OF COVID 19 ON
GLOBAL TRADE

TABLE OF CONTENTS
MAIN BODY...................................................................................................................................3
REFERENCES................................................................................................................................7

MAIN BODY
CARP test Article 1 (The
potential impact of
COVID 19 on GDP
and trade, 2020)
Article 2 (Vidya and
Prabheesh, 2020)
Article 3 (Baldwin
and Tomiura, 2020)
Currency
1. When was the
information published
or posted?
April 2020 2020 2020
2. Has the information
been revised or
updated? When?
No the information
has not been revised
As the article is
current so it has not
been updated.
There are no revision
or updating in content
of article.
3. Does your topic
require current
information, or will
older sources work as
well?
Only current
information will be
used and not older
data.
COVID 19 is the
current issue and
because of this only
current information
will be used.
Current information
will be taken into
account and not older
data.
4. Websites – are the
links functional?
The link was
functional as PDF was
not creating any error.
PDF was opening and
there was also option
of downloading it.
There was no error
relating to website or
functioning of
website.
Authority
1. Who is the
author/creator?
Maryla Maliszewska,
Aaditya Mattoo and
Dominique van der
Mensbrugghe
C. T. Vidyaa and K.
P. Prabheeshb
CEPR Press
2. What are their
credentials? Are they
qualified to write
about this topic? Can
they be contacted?
These three are
authors who have
written article relating
to impact of COVID
These authors have
done many other
research like Time-
varying dependence
This stands for Centre
for Economic Policy
Research and
publishes different

19. between stock
markets and oil prices
during COVID-19:
The case of net oil-
exporting countries,
Implications of
COVID-19 Pandemic
on the Global Trade
Networks and many
others
articles of different
authors.
3. Are they affiliated
with any groups or
organizations?
No they are not
affiliated with any
other group of
company.
There is no affiliation
of these authors with
any of organization or
group.
This is a registered
charity along with a
limited company and
publishes articles and
books of other
authors.
4. Who is the
publisher or sponsor?
Relevance/ reliability
1. Does the
information relate to
your topic or help
answer your question?
(Note: this doesn’t
mean that the
information agrees
with your argument)
Yes, information is
related with impact of
COVID 19 in global
context.
This information
helped in answering
question as it was
related with topic of
COVID 19.
Information within
article was assistive in
completion of study
as it was containing
required information.
2. Is the information
at the appropriate
level for your
research?
Yes Yes Yes
3. Who is the intended
audience?
People interested in
COVID 19 impact
Researchers and
people having interest
in current pandemic
General public

impact
4. Where does the
information come
from? Does the author
provide references or
sources?
Yes proper references
were provided
Proper source of
information was
provided
Accurate references
was done
5. Has the information
been reviewed or
refereed? By whom?
Yes Yes Yes
6. Do you feel
comfortable using this
source in your
research? Would your
professor accept it?
Yes Yes Yes
Purpose/ point of
view
1. What is the
information meant to
do to the reader?
This information was
helpful in increasing
knowledge relating to
COVID 19 impact.
Current data meant a
lot to the reader as it
persuaded them in
enhancing knowledge
with respect to current
pandemic.
Information and
knowledge was
improvised with help
of the facts provided
in article
2. Does the author or
sponsor clearly state
their intentions or
purpose?
Yes, Yes Yes
3. Is the information
fact or opinion?
Propaganda?
Some are fact and
some are opinion
No propaganda Mix of both fact and
opinion
4. Does the point of
view seem to be
objective and
impartial?
No No No
5. What biases might
the author or sponsor
have?
Political Ideological Cultural and political
6. Are there any ads?
How do they relate to
the topic being
covered?
No No No
7. Websites – what .org means domain .net derived from .ir

does the URL and/or
domain tell you about
the purpose?
name and
organization no fitting
in other categories.
network and used
when desired name is
not available.

REFERENCES
Books and Journals
Vidya, C.T. and Prabheesh, K.P., 2020. Implications of COVID-19 pandemic on the global trade
networks. Emerging Markets Finance and Trade, 56(10), pp.2408-2421.
Baldwin, R. and Tomiura, E., 2020. Thinking ahead about the trade impact of COVID-19.
Economics in the Time of COVID-19, 59.
Maliszewska, M., Mattoo, A. and Van Der Mensbrugghe, D., 2020. The potential impact of
COVID-19 on GDP and trade: A preliminary assessment. World Bank Policy Research
Working Paper, (9211).
Haleem, A., and et.al., 2020. Areas of academic research with the impact of COVID-19. The
American journal of emergency medicine, 38(7), pp.1524-1526.
McEwan, K., and et.al., 2020. Potential implications of COVID‐19 on the Canadian pork
industry. Canadian Journal of Agricultural Economics/Revue canadienne
d'agroeconomie, 68(2), pp.201-206.
Ahani, A. and Nilashi, M., 2020. Coronavirus outbreak and its impacts on global economy: the
role of social network sites. Journal of Soft Computing and Decision Support Systems,
7(2), pp.19-22.
Bashir, M.F., Benjiang, M.A. and Shahzad, L., 2020. A brief review of socio-economic and
environmental impact of Covid-19. Air Quality, Atmosphere & Health, 13(12),
pp.1403-1409.
Guan, D., and et.al., 2020. Global supply-chain effects of COVID-19 control measures. Nature
human behaviour, pp.1-11.
Akande-Sholabi, W. and Adebisi, Y.A., 2020. The impact of COVID-19 pandemic on medicine
security in Africa: Nigeria as a case study. The Pan African Medical Journal, 35(73).
Iyke, B.N., 2020. Economic policy uncertainty in times of COVID-19 pandemic. Asian
Economics Letters, 1(2), p.17665.
Online
The potential impact of COVID 19 on GDP and trade. 2020. [Online]. Available through:
<https://openknowledge.worldbank.org/bitstream/handle/10986/33605/The-Potential-
Impact-of-COVID-19-on-GDP-and-Trade-A-Preliminary-Assessment.pdf>