Question

Discuss the impact of recent global financial meltdown on the prospects of world trade. Give your suggestions to overcome the crisis

Answer 1

Answer:

the world economy in 2008 to 2009 experienced hits most serve financial shop since the Great Depression of the 1930 and the deepest downturn .global financial crisis are extremely rare this being only their such Global crisis since the long depression

Answer 2

Answer:

The recent worldwide financial meltdown creates a huge impact on the prospects of world trade.  There are many ways available to overcome the crisis.  One of the best ways to recover the economy is by implementing the macroeconomic policies. It is because they will stimulate the aggregate demand that will aids in repairing the balance sheets of banks. Another method is to put concerted policy efforts in every economy.