volume of world trade

So even if the volume of world trade has increased 17-fold, what use is that unless it benefits poor people and promotes sustainable development?

He did not consider the volume of world trade as fixed because countries can feed off their neighbors' wealth, being part of a "prosperous community".

The total volume of world trade, she said, is now $4 trillion, of which only about two-thirds is open.

Between 1946 and 1985 the volume of world trade grew nine times; it increased at twice the rate of output and incomes.

Mr President, representatives of the Commission and the Council, the volume of world trade has soared in recent decades.

Morgan Stanley estimates that the volume of world trade amounts to about one-quarter of world output, double the share that prevailed in the 1970's.

Between 1951-3 and 1969-71 the volume of world trade in manufactures grew by 349 per cent whereas the volume of output grew by 194 per cent.

This integration of production across national borders tends to increase the overall volume of world trade because a good changes hands at various levels of production and not just at the final stage.

These sorts of policies were bound to be self-defeating, as we indicated in Section 7.2.4, since the volume of world trade contracted and therefore output and employment stagnated on an international scale.

Standing as we are on the edge of the new century, we know that economic growth depends as never before on opening up new markets overseas and expanding the volume of world trade.

After all, economists across the political spectrum agree that the growing volume of world trade yields economic, social and even geopolitical benefits to Americans and foreigners alike, making the world more peaceful and more affluent.

Despite actions of many countries to restrict imports of goods that threaten their domestic industries, the official spoke of a "remarkable expansion" in the volume of world trade of 7 percent this year, the best in four years.

The Director-General of GATT has suggested that, excluding agricultural products, the volume of international trade so affected now represents more than 5 per cent of the total volume of world trade and is expanding steadily.