1945

Global trends in international trade and economic, social, and political relations continue to forge closer integration among countries and regions. Trade in goods and services, and movement of capital and human resources continue to grow tremendously, assisted by accelerated sharing of technology across national and regional borders. But all indicators—including Africa’s share of global trade volume—show that the continent’s performance has been poor, marginalizing it in the global trading system. This marginalization has taken place even as the continent has increased its trade with the rest of the world by eliminating barriers, mainly unilaterally.

Related Subject(s): International Trade and Finance
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