Showing posts with label global trade. Show all posts
Showing posts with label global trade. Show all posts
Friday, March 27, 2009
The global trade is declining. WTO estimates that the global trade will decline 9% this year against a 2% increase in 2008. It was even at a 6% increase 15 months ago. Is it because of protectionism that made the 1930s recession a great depression or is it because of falling demand. Thankfully it is because of falling demand.
Read the full article HERE
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