... on the inter-global economy. This was by far one of the most significant incidents that affected world trade, as well as China's inclusion into the World Trade Organization. Overall economists are predicting a slow-down in economy, worldwide. These recessions are mainly occurring due to the individual consumer's lack of faith in his or her own domestic market, due to a combination of factors. The trade between Western ... in the member countries, as that's where the profit is being made. The European Union (E.U.) also made quite a large step in the direction of unifying European countries...

• Word Count: 1285
• Approx Pages: 5
• Grade Level: High School