Which best describes our current global trading system? quickly.

As the WTO has grown in membership, it has become much easier to pass comprehensive trade deals and resolve trade disputes

The trading system built up around the WTO has come under strain as the United States has undermined the dispute resolution process and China has pursued many new bilateral and regional free trade agreements.

By $2024$ trade has become less necessary for wealthy countries, due to technological advances, they are now almost self$-$sufficient in the inputs needed for infrastructure and consumer goods.