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The WTO’s Last Stand in Bali

Dec. 6 (Bloomberg) -- In speeches, press briefings and published commentaries, proponents of global free markets are proclaiming that a really big deal is on the table this week at the World Trade Organization meeting in Bali, Indonesia.

“People world-wide would benefit from the job creation and increased opportunities that would follow,” WTO Director General Roberto Azevedo wrote in a Wall Street Journal op-ed this week. “In times of unemployment and slow growth, this boost is sorely needed.”