Tag: ASEAN

By Hanan Zaffar, An out and out trade war with developed countries, in the present global economic system seems largely improbable. This is primarily because developing countries are both product consumers and service providers of the developed countries, hence heavily dependent on imports from foreign lands to feed their populace as well as providing means of income to the large sections of population, which would be rendered jobless, hampering already fragile economies, if trade ties are thwarted. However, for developing countries, the idea of entering into trade wars with developed nations...