Imbalance in international trade patterns

The patterns of international trade have exhibited a number of striking asymmetries. In the case of farm products, for example, there have been lower degrees of multilateral discipline, transparency and market access commitments compared to those governing the trade in manufactures. Domestic support for agriculture has also become increasingly unsustainable for a variety of domestic reasons and external spill-over effects.

1. Imbalance in economic relationships among countries
2. Global financial crisis
3. Fiscal and trade imbalances

1. Weakness in trade among developing countries
2. Trade barriers against developing countries
3. Polarization of trade between industrialized and developing countries
4. Inadequate industrial trade in developing countries
5. Imbalance in trade of cultural products between countries
6. Imbalance between agricultural exports and imports
7. Excessive external trade deficits
8. Excessive concentration of export markets

1. Sectoral imbalances

1. Restrictive trade practices
2. Restrictive business practices
3. Instability of the world economy
4. Distortion in international trade

1. Unbalancing international trade patterns
2. Trading among countries
3. Balancing external trade

1. Weakness
2. Imbalance
3. Balance