increased further to $13.57 trillion in 2007 (WTO, 2008).
During this period, not only international trade in manufactures and … global GDP for the
first time ever in 2007 (WTO, 2008).
As in the days of yore, declining transport and communication costs … inflows, particularly FDI (IMF, 2008).5 The
membership of the GATT/WTO system steadily increased and reached 153 in
July 2008 …