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      Question

      According to WTO, what is the estimated decline in global

      trade under worst-case tariff tensions?
      A 0.9% Correct Answer Incorrect Answer
      B 1.0% Correct Answer Incorrect Answer
      C 1.2% Correct Answer Incorrect Answer
      D 1.5% Correct Answer Incorrect Answer
      E 1.8% Correct Answer Incorrect Answer

      Solution

      Under an escalated tariff tension scenario, the WTO estimates a 1.5% decline in trade due to reciprocal tariffs and policy uncertainty.

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