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: Harvard International Law Journal DigestWorld Trade Slipped to 6% Growth in 2007
By Kleung
A World Trade Organization report published on November 5 has confirmed that growth in world merchandise trade slipped in 2007 to 6% from 8.5% in 2006. One of the primary causes of the slowdown is the reduction of import demand in the United States, Europe and Japan. Realignments in exchange rates and fluctuations in commodity prices also contributed to uncertainties in the global markets in 2007.
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Full post as published by Harvard International Law Journal Digest on November 09, 2008 (boomark / email).
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