AS per WTO, the value of
world merchandise trade was 5% higher in the first quarter of 2012 compared
to the same period of 2011.
This modest performance follows a slowdown in trade during the second half
of 2011.
The
WTO Press Release states that these short-term indicators are in nominal
value and should not be confused with the annual trade growth forecasts,
which are “volume” data that do not take price fluctuations into account.
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