Ten Countries Account for Half of World Goods Trade

How Much Do Countries Trade?

World trade is a major driver of the global economy. According to the World Trade Organization (WTO), trade accounted for 30 percent of total global economic output in 2014, up from 20 percent in 1995. As the world has become increasingly globalized, trade has grown dramatically as a share of total global output.

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Soccer Ball

Avoiding Calvinball – Why trade rules matter

Playing Calvinball in commerce undermines the benefits of the transaction for both parties, which is why trade rules are important when engaging in international commerce.

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