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World trade set for strong growth in 2004


by Pinchas Landau, I-Biz

This year is set to see the pace of growth in world trade rise again, to 7.5% from 4.5% last year. Even better, the trend will encompass most regions, instead of being concentrated in the US and China. But the huge US trade deficit remains a source of imbalance, and hence concern.

 

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