CLEAN : WTO chief urges US to avoid paralysing trade system

The transcript discusses economic growth, trade war risks, and the importance of vigilance. It highlights the potential for system paralysis if no action is taken and emphasizes the need for reforms within the WTO. The US's stance on the WTO is explored, noting their concerns but also the organization's importance. Economic projections for 2018 suggest growth unless negative events occur.

What is a potential consequence if no action is taken regarding the current economic situation?

• Improved economic growth

• Paralysis of the system

• End of trade wars

• Increased bilateral negotiations

What is a constant risk mentioned in relation to trade?

• Regional cooperation

• Economic growth

• Trade wars

• Bilateral agreements

What is the US's stance on its membership in the WTO?

• No indication of leaving

• Planning to leave

• Already left

• Considering leaving

What does the US believe is necessary for the organization to address current challenges?

• Increased funding

• Stricter regulations

• Reforms

• More members

What is the expected economic growth level for 2018?

• Around 3.2% or higher

• Below 2%

• Above 5%

• Exactly 3%