World trade growth slowed down last year!

World trade growth slowed down last year!
Apr 18, 2008 03:29
YVONNE Points: Join Date: Nov 29, 2004 Status: offline	As the WTO suggests, the world trade growth fell sharply in 2007 due to financial turbulence and surging commodity prices. It is estimated that the world trade volume in 2007 increased about 5.5 percent, lower than that in 2006, 8.5 percent. According to IMF, the trade growth this year might slow down to 4.5 percent, the lowest since 2002. Some economists comment that this prediction might be too optimistic. How do you anticipate the world trade volume this year, keeping sliding or not?

Apr 18, 2008 03:29

YVONNE
Points:
Join Date: Nov 29, 2004
Status: offline

As the WTO suggests, the world trade growth fell sharply in 2007 due to financial turbulence and surging commodity prices. It is estimated that the world trade volume in 2007 increased about 5.5 percent, lower than that in 2006, 8.5 percent. According to IMF, the trade growth this year might slow down to 4.5 percent, the lowest since 2002. Some economists comment that this prediction might be too optimistic. How do you anticipate the world trade volume this year, keeping sliding or not?

Post a Reply to: World trade growth slowed down last year!