WTO: Modest trade growth anticipated for 2014 and 2015 following two year slump

World trade is expected to grow by a modest 4.7% in 2014 and at a slightly faster rate of 5.3% in 2015 WTO economists said today (14 April 2014).Although the 2014 forecast of 4.7% is more than double the 2.1% increase of last year, it remains below the 20-year average of 5.3%. For the past two years…

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WTO: Modest trade growth anticipated for 2014 and 2015 following two year slump