World Trade Outlook 2002

World TRADE OUTLOOK FOR 2002 By: Mark Bulmer On the stage of world trade, it is necessary to mention the negative effects of the September 11th attacks on the inter-global economy. This was by far one of the most significant incidents that affected world trade, as well as China’s inclusion into the World Trade Organization. Overall economists are predicting a slow-down in economy, worldwide. These recessions are mainly occurring due to the individual consumer’s …

…after it has experienced the freedom of international trade. The fact is, that the health of the international economy affects everyone. You can trace it all the way back to this country’s growing deficit. However, I believe that the world economy is no state of crisis. Recessions are healthy and essential in an economic cycle. Next year will be full of economic changes and surprises for everyone; everything will work out in the end.