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World Trade

By experts and staff

Published
  • Benn SteilCFR Expert
    Senior Fellow and Director of International Economics
  • Dinah Walker
    Analyst, Geoeconomics

World trade has contracted sharply as global demand has collapsed. U.S., European, and Chinese demand for world goods dried up in the last quarter of 2008 and first quarter of 2009. But optimism is growing that recession may be nearing a bottom. Will there be signs of “green shoots” in trade as well?