00:00We all know the COVID-19 pandemic is shaking the world economy and world trade, consequently.
00:08This week, WTO Economist released initial projections for the volume of global merchandise trade in the first half of the
00:16year.
00:17Now, their estimates point to an 18.5% drop in the second quarter of 2020 compared to the year
00:26before.
00:26Now, this decline is historically large. In fact, it will be the steepest on record.
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