The Stealth Threat to World Trade

We have made important advances in increasing the exposure of our economy to world trade.

And the EU itself is the leader in world trade, accounting for 18 , followed by the US and China.

The recent catastrophic collapse of global trade talks is not an encouraging harbinger. Europe, Japan, and (to a much lesser extent) the US, were simply unwilling to face down their small but influential farm lobbies.

The recent catastrophic collapse of global trade talks is not an encouraging harbinger.

Since 1985, Africa apos s share of trade fell to under 2 per cent of world trade.

And, even when times were good, India never gained a foothold in the global manufactured goods trade.

In 2002, the share in world trade of the 50 least developed countries was only 0.6 per cent.

As a result of their increased participation in international trade, the developing countries had become major players in the world economy.

3. Agricultural products, including temperate zone and tropical products, have constituted a declining proportion of world merchandise trade since the Second World War.

These silver dollar coins played the role of an international trading currency for nearly four hundred years.

For instance, in 2002, the share in world trade of the 50 least developed countries was only 0.6 per cent.

The Doha round has to be put into effect by allowing a significant share in the world trade to the African countries.

Equity in world trade must be strengthened, particularly at a time when official development assistance was dwindling.

Europe s extensive regional and global trade networks mean that its internal problems are impeding world trade and, in turn, global economic growth.

Consider China, which accounts for the largest share by far of world trade among emerging economies.

6. With such a small weight in world trade, even the very large fall in the volume of trade of these economies (probably as much as 25 per cent in the period 1990 1992) has left the growth of world trade, especially trade outside these economies, virtually unaffected.

Indeed, Latvia was particularly hard hit by the slump in global trade in 2008 2009, given its dependence on exports.

For anyone who wants to engage in global trade, it is thus vital to identify what China wants.

Without doubt, the conclusion of the Uruguay Round improved the chances of growth for all States participating in world trade.

6. Africa apos s share in the world markets has declined steadily and now accounts for less than 2 per cent of world merchandise trade.

Since services were accounting for an ever increasing portion of world trade, it was vital for the Commission to continue its work in that field.

That decline, combined with the lack of competitiveness of African production, had led to a drop in Africa apos s share in world trade.

The Conference called on Member States to increase their share of world trade by enhancing their competitiveness at the international level.

Expressing the concern that the landlocked developing countries are being increasingly marginalized in multilateral trade and faced with a declining market share in world trade.

According to World Bank estimates, complete elimination of all merchandise trade restrictions would ultimately boost developing country incomes by no more than 1 .

In just the past year, China has launched four major projects that promise to give it a greatly expanded role in global trade and finance.

We hope that the multilateral trade negotiations will stimulate economic growth in our countries and in the world economy.

In view of China apos s growing importance in world trade, it would be inconceivable for it not to be a member of the World Trade Organization.

China, Russia, India, and the Gulf States have integrated their wealth into the global economy, to the immense benefit of world trade.

The share of developing countries in world trade has increased significantly, largely due to outsourcing of the production of components and assemblage to developing countries.

Because of its weight in world trade, the euro is now used extensively for invoicing and settling international trade transactions.

First, openness to international trade and investment has been and will continue to be the linchpin of economic growth for the global economy.

During the last two decades textiles and clothing constituted the second most dynamic product in world trade.

Bretton Woods and the General Agreement on Tariffs and Trade created a new order after the Second World War.

In Asia, the standard of living doubles every decade . With such anemic growth, how can Latin America expect to compete in world trade except through ever shrinking wages?

With such anemic growth, how can Latin America expect to compete in world trade except through ever shrinking wages?

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C. Address barriers to trade

international trade

B. International Trade Centre

Whereas India is not yet nearly the factor in global trade that China has become, its 1.2 billion people are pushing inexorably onto the scene.

Just as a rising tide lifts the boats, so an increase in world trade will create new jobs and raise incomes around the world.

Rapid population growth, coinciding with a recession in world trade and the introduction of new technology, has changed the balance between the supply of labour and the demand for it.

The US, the world s banker, had mutated into the world s hedge fund.