The Economist (November 30)
2019/ 12/ 02 by jd in Global News
World trade “works best when there is a referee, and for nearly 25 years a group of seven judges at the World Trade Organisation (WTO) has done the job. But on December 11th this body will cease to function, because America is blocking new appointments.” Losing this final arbiter ”will make cross-border commerce unrulier and, in the long run, invite an anarchy that would make the world poorer.”
Tags: Anarchy, Appointments, Cross-border commerce, Judges, Poorer, Referee, U.S., Unrulier, World trade, WTO