International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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RECENT TRENDS IN INTERNATIONAL TRADE

    1 Author(s):  MISS .NEELU

Vol -  6, Issue- 4 ,         Page(s) : 154 - 160  (2015 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Six years after the onset of the global financial crisis, international trade remains lacklustre.This lack of dynamism contrasts sharply with its rapid expansion in the two decades preceding the crisis. The world economy has seen a modest improvement in growth in 2014, although it will remain significantly below its pre-crisis highs. A number of new trends in international trade have been observed over recent years. An expansion of world merchandise trade, some notable trends in agricultural and manufactured goods, a surge in trade between RTA partners, growing importance of developing countries, a rise in South-South trade, a wider use of containerized or express cargo, an important role of infra-firm trade, a rapid growth in the global production network, and a wider use of e-commerce are identified among the trends

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