Trade will drop 9% this year


In case I have not already mentioned, global trade is way down: “Collapsing global demand will send the volume of world goods trade plunging by 9 per cent this year, the largest drop since the second world war, the World Trade Organisation predicted on Monday.”


One Response to “Trade will drop 9% this year”

  1. OECD: Trade to drop 13% « Trade Diversion Says:

    […] OECD sees the WTO’s 9% and raises it to a 13% drop in global trade in 2009. I haven’t had a chance to look at the […]

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