Which of the following explains the large trade decline in 2009? Multiple select question. Most trade requires financing, and there was some crisis-driven decline in working-capital financing for export production and in trade financing for export-import transactions. In the crisis-driven global recession, purchases of durable goods were postponed or canceled, and trade in these products collapsed. The trade decline was amplified because production of durable goods often involves a global supply chain in which materials and components are traded across borders before final assembly