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International Economics - International Trade

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Check The Economist or any other periodical publication covering the global economy, international trade or international economy and deliver a summary of an article about international trade of their choice. Focus your attention on practical issues rather than on the historical theory.

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Solution Summary

This solution of 350 words explains how international trade is declining. The sources used are also included in the solution.

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Step 1
The article in "The Economist" relating to international trade is "Boxed in", "Global trade has turned down sharply this year. The outlook is pretty bleak, too", September 2012 retrieved on April, 16 from: http://www.economist.com/node/21562221

Step 2
The summary of the article is that global trade has turned down sharply this year. The outlook is also pessimistic.
According to the article the 2011 data from big ports is weak, indicating that international trade is declining. The exports all over the world are declining. The first cause for the decline in trade is the low ...

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