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WTO: The Principal Currency Revaluation Or The

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The Principal Currency Revaluation Or The
August 17, 2010

Because the global economic recovery situation still had the uncertainty, any unexpected positive or the negative economic signals have the possibility to urge this organization to adjust the trade growth forecast.


The World Trade Organization chief economist Patric Luo river believed that urges World Trade Organization to lower the trade growth forecast the factor to further rise, the principal currency revaluation or the depreciation as well as money market other negative news including the crude price. However, also possibly appears urges this organization upward trade growth forecast the factor, for instance developed country’s unemployment rate rate of descent surpasses anticipated.


World Trade Organization general manager Pascal Lami also warned that the trade protectionism was still one which of main risks this year whole world trade faces, various countries must avoid letting the trade protectionism behavior harm the global economic recovery.

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