Trade Diversion

In line with my suggestion that labels simply say “made in a series of places”, the WTO has announced a “Made in the world” initiative. It aims “to support the exchange of projects, experiences and practical approaches in measuring and analysing trade in value added.” “Made in the world” should be a valuable initiative, at least until the arrival of interstellar trade.

This entry was posted on 18 April 2011 at 1:32 pm and is filed under Measures, Statistics & Technicalities, Outsourcing, WTO. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.