Describe the main feature of world trade in terms of commodity/region composition in recent years. Also give reasons underlying the trends.
Answers
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the main feature of World Trade in terms of comedy 3 composition in recent years is that it has the particular country to straighten its economy by doing World Trade in different communities it can either be the supply of hygienic water or the supply of oil or any other such community which helps in the strengthening of in any other countries economy
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Answer:
World trade in 2009 was dominated by the worst financial and economic crisis in decades. Global output shrank. So did the volume of international trade. Despite bearing no responsibility for the crisis, the poorer developing countries have fared the worst. China, Brazil and India saw exports drop by between a fifth and a third in the second half of 2008, but countries not belonging to the top 20 developing country exporters were hit even harder. Trade and GDP growth have started to pick up again, but some economists fear a “double-dip” recession.