Okonjo-Iweala Warns Of Higher Inflationary Pressures, Greater Price Volatility Over Bloc Trades
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, said countries not operating open trade could experience higher inflationary pressures. Okonjo-Iweala said nations adopting rival blocs will cause greater price volatility, diminished competitive pressures and result in weaker economic growth. “A
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