Do you agree or disagree with one of the following statements (just need to pick one)? Find an article that supports your claim. Summarize the article and write a short paragraph explaining your opinion. There is no right or wrong answer. You will get credit by applying what you have learned in this module in your argument.
- World trade is mostly concentrated within developed countries.
- Gravity trade model helps to explain most of U.S. trade patterns.
The article pointed out that after the recession, global trade is facing cyclical and structural determinants, and 2015 was the year in which cyclical determinants constituted two third of the trade slowdown. The strong economies experienced weak import demand, and Emerging Asia was the epicentreof global trade slow down. Above all this China was
