Summary of World Trade Report

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The World Trade Organization’s (WTO) annual report on the state of global trade reflects how trade among nations creates economic, political and social change, which in turn shapes worldwide commerce. This extensive review provides readers with summary information as well as exhaustive detail on a variety of trade-related subjects, such as demographics, technology and energy. It includes practical information, theoretical frameworks, academic discussions and empirical research. getAbstract finds that this hefty treatise packed with the WTO’s informed insights is valuable reading for anyone involved in world trade, business or policy making.

In this summary, you will learn

  • How global trade has evolved over time in developed and developing markets,
  • What factors drive trade, and
  • What future trends in global trade foretell.
 

About the Author

The World Trade Organization focuses on global trade rules to ensure smooth, predictable and free trade among nations. It counts 159 countries as its members.

 

Summary

The Trade Picture
World trade growth fell from 5.2% in 2011 to 2% in 2012. The euro crisis, attempts by European Union members to cut deficits and uncertainty about whether the US Congress could agree on a budget worked together to curtail growth and trade in both developed and developing...

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