Exports jumped 14.5 per cent last year – the biggest rise recorded since 1950 – as economies rebounded from the global downturn, the World Trade Organization said Thursday.
Cross-border trade is expected to recover further in 2011, the WTO said in its annual report. Based on a 3.1-per-cent rise in gross domestic product worldwide, the Geneva-based body predicts exports will grow another 6.5 per cent this year, slightly above the 6 per cent yearly average between 1990 and 2008.
Global exports surge record 14.5% in 2010 - The Globe and Mail
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