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Topic: |
Business
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Number of pages / Number of words: |
5 / 1138 |
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Thirty-four percent comes from trade between high-income and low-and middle-income nations. The final six percent of the total world trade comes from the merchandise trade between low-and middle income nations. This shows the low purchasing power of the worlds poorest nations and indicates their general lack of economic development...
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Economists project that, in the U.S., more than 50 percent of the new jobs created in this decade will be directly linked to the global economy.
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments...
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