Why The Days Of Booming World Trade May Be Over

Container Ship - Photo by Muhammad Mahdi Karim

The drivers that underpinned years of booming global trade, once the engine of the world’s economic growth, may be fading.

In the past few decades, trade has played an increasingly important role in the growth of the global economy. But more than three years into one of the weakest recoveries in decades,slack demand from consumers in the U.S. and Europe is weighing on exports in the developing world.

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