LONDON – The World Trade Organization’s ministerial conference in Bali in December produced a modest package of encouragements to global trade. More broadly, the WTO’s multilateral approach has shown its worth by preventing a massive increase in trade barriers, unlike in 1929-1930, when protectionism helped deepen and broaden the Great Depression.
伦敦—12月的世界贸易组织巴里部长级会议非全球贸易带来了些许鼓励。世贸组织的多边方针开始显现其广泛价值，防止了贸易壁垒的激增，没有走1929—1930年保护主义加深和扩大了大萧条的老路。但主要问题——全球化是好是坏、对谁好对谁坏——仍有待回答。