Global Trade

The Economic Times - - The Edit Page -

Mea­sured in cur­rent US dol­lars, global mer­chan­dise ex­port plum­meted by 13% in 2015, ac­cord­ing to Unctad/WTO es­ti­mates. Ser­vices ex­ports de­clined by 6%. Though the pic­ture ap­pears bleak, a sig­nif­i­cant part of the drop in the global ex­change of goods and ser­vices can be at­trib­uted to ex­chang­er­ate fluc­tu­a­tions and the de­pre­ci­a­tion of cur­ren­cies against the US dol­lar…

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