New Statistical Model for Global Trade in Value-added

15 March 2012
 
Organisation for Economic Co-operation and Development (OECD) and World Trade Organisation (WTO) have launched a joint initiative to measure trade in the value that is added by a country – through labour compensation, taxes and profits – in the production of any good or service. The two organisations will develop a new statistical model since the international fragmentation of production is blurring the concept of country of origin.
 
Please refer to the next link for more information: Measuring Trade in Value-Added.
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