Report Says G20 Gov'ts Continue to Resist Protectionist Pressures but Risks Remain
The World Trade Organization reports that a joint report by the WTO, Organization for Economic Cooperation and Development (OECD), and United Nations Conference on Trade and Development (UNCTAD) released on November 4, 2010 for the Group of 20 biggest economies…
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says that by and large, G20 governments have continued to resist protectionist pressures. But it also warns of potential dangers in the months ahead because of persistent high levels of unemployment and tensions over foreign exchange rates.