CLEAN : War in Ukraine will significantly slow trade and global GDP growth: WTO

The video discusses the rerouting of supply chains and the impact of the war on global trade and GDP growth. It highlights the challenges faced by multilateral trade systems and the potential food crisis due to disruptions in Ukraine's agriculture. The need for humanitarian corridors to aid Ukrainian farmers is emphasized.

What was the revised global GDP growth forecast for 2022?

• 4.1%

• 3.5%

• 2.8%

• 3.0%

By how much did the expected growth in world merchandise trade volumes decrease for 2022?

• 1.7 percentage points

• 2.0 percentage points

• 1.5 percentage points

• 2.5 percentage points

Which commodities experienced a sharp price increase due to the war?

• Textiles and electronics

• Food, energy, and fertilizers

• Pharmaceuticals and chemicals

• Automobiles and machinery

What is the primary purpose of multilateral trade systems?

• To increase tariffs

• To create interdependence and peace

• To promote unilateral trade agreements

• To restrict global trade

What percentage of Ukraine's wheat is harvested in July?

• 80%

• 70%

• 60%

• 90%