Journal of Commerce--The world trade outlook is improving significantly for 2010 and 2011, according to the International Monetary Fund.
The IMF in its latest World Economic Outlook, released this week for its annual membership meetings, estimated the volume of global trade in goods and services will grow 11.4 percent this year, after an 11 percent plunge in 2009 and slow growth of just 2.9 percent for all of 2008. In other words, growth this year in commerce between nations is now expected to outpace last year's downturn. Read more!
The IMF in its latest World Economic Outlook, released this week for its annual membership meetings, estimated the volume of global trade in goods and services will grow 11.4 percent this year, after an 11 percent plunge in 2009 and slow growth of just 2.9 percent for all of 2008. In other words, growth this year in commerce between nations is now expected to outpace last year's downturn. Read more!
