Tag: world trade

The Cleaving of International Trade: Western vs Totalitarian/China

It is probably not so clear cut, but what was once a unified World Trade Organization WTO, appears to want to split into two camps, based on their form of government. On one side is the democratic Western group, now countered by China and Russia in the totalitarian group. This cleaving seems to be necessary because of fundamental differences of the independence of companies from their governments.