Based on World Trade Statistical Review 2023 https://www.wto.org/english/res_e/publications_e/wtsr_2023_e.htmLinks to an external site. Discuss the following questions in
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Based on "World Trade Statistical Review 2023" https://www.wto.org/english/res_e/publications_e/wtsr_2023_e.htmLinks to an external site.
Discuss the following questions in relation to this WTO document.
- Compare the top three exporting and importing countries in 2022 for world merchandise (Table A6, page 60) and commercial services (Table A8, page 62) trade. Are there any trade imbalances among them? What is the impact of trade imbalance on logistics and transport?
- How did Singapore fare in 2022? How do you think Singapore got to where we are today?
- By region, how has the pattern of world merchandise exports and imports hanged over the years?
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