With its wide-open market, America played - and still plays - buyer of last resort for world exports.
In the 70's and 80's, as trade has expanded, our share of world exports remained at a stable 17 percent.
The United States now accounts for nearly 20 percent of world exports of services.
Washington believes that a sharp cut in subsidies could expand world agricultural exports by $100 billion a year.
Over the past two decades, the American share of total world exports has been fairly consistent at 17 percent.
Excluding the United States, total world exports have grown by an average of 9 percent annually, or roughly $150 billion a year since 1983.
Since 1970, they have more than doubled their share of world exports.
His point was that the improved cooperation could stave off a recession that would hurt third world exports.
That is more than 5% of all world exports. It is a key sector for the developing countries.
These five countries account for 71% of total world exports.