The Trade Talk Gets Ugly
When leaders of the 18-nation Asia-Pacific Economic Cooperation forum meet on Nov. 17 in Kuala Lumpur, they'll have more than the region's financial woes on their agenda. Delegates are increasingly worried that the world may be pulling back from free trade just when the floundering economies of Asia most need access to open markets. Such a shift would also threaten the still-healthy economies of North America and Europe, leading to the first global trade contraction since the 1930's.
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