lIST OF TaBlES, CHarTS aNd BOXES
I THE TRADE SITUATION IN 2008-09
Tables
Table 1 GDP and merchandise trade by region, 2006-08 ........................................................................................... 6
Table 2 World exports of merchandise and commercial services, 2008 .................................................................... 8
Table 3 World exports of commercial services by major category, 2008 ................................................................... 9
Charts
Chart 1 Real GDP and trade growth of OECD countries, 2007-08 .......................................................................... 1
Chart 2 Prices of selected primary products, January 2002-January 2009 ............................................................... 4
Chart 3 Growth in the volume of world merchandise trade and GDP, 1998-2008 ................................................. 5
Chart 4 Real merchandise trade growth by region, 2008 ............................................................................................. 6
Chart 5 Export prices of selected primary products, 2006-08 .................................................................................... 7
Chart 6 Dollar exchange rates of selected major currencies, January 2000-January 2009 ..................................... 8
Appendix
App. Table 1 World merchandise trade by region and selected country, 2008 ....................................................... 13
App. Table 2 World exports of commercial services by region and selected country, 2008 .................................. 14
App. Table 3 Merchandise trade: leading exporters and importers, 2008 ............................................................... 15
App. Table 4 Merchandise trade: leading exporters and importers, 2008 (Excluding intra-EU (27) trade) ...... 16
App. Table 5 Leading exporters and importers in world trade in commercial services, 2008 .............................. 17
App. Chart 1 Monthly merchandise exports and imports of selected economies, January 2006-February 2009 ..... 11
II TRADE POLICY COMMITMENTS AND CONTINGENCY MEASURES
B. FLEXIBILITY IN TRADE AGREEMENTS
Tables
Table 1 A categorization of circumstances and arguments for a temporary increase in protection ..................... 31
Boxes
Box 1 Terms-of-trade and the international cost-shifting problem .......................................................................22
Box 2 Time-inconsistency ...........................................................................................................................................23
Box 3 Commitment versus flexibility: the case of safeguards in the GATT and WTO ....................................25
C. ECONOMICS, DISCIPLINES AND PRACTICES
Tables
Table 2 Suspension of concessions pursuant to SGA Article 8.2 ..............................................................................64
Charts
Chart 1 Binding coverage including and excluding subheadings with an overhang
exceeding 20 resp. 15 percentage points, by region ....................................................................................107
Chart 2 Binding coverage including and excluding subheadings with a binding overhang
exceeding 15 percentage points, by product category .................................................................................108