GENEVA, Oct. 6 (Xinhua) -- World merchandise trade is expected to fall by 9.2 percent in 2020, followed by a 7.2-percent rise in 2021, the World Trade Organization (WTO) said on Tuesday in its revised trade forecast.
In April, the WTO had predicted a decline in the volume of world merchandise trade for 2020 between 13 percent and 32 percent as the COVID-19 pandemic disrupted normal economic activity and life around the world.
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