a) Last week, for the first time in 12 years of WTO negotiations aimed at liberalizing world trade, trade ministers of some 160 nations signed a

a) Last week, for the first time in 12 years of WTO negotiations aimed at liberalizing world trade, trade ministers of some 160 nations signed a formal agreement on new trade rules.  Is this good?  What group or groups could be concerned? Who would benefit?

b) Describe one event that occurred in the last few weeks and which substantially impacted international trade or investment.  Explain the nature of the impact and what can be learned in the process.

WTO Bali agreement was…