Current Affairs · Reports and Indexes
Which of the following options based on the UNCTAD Report 'Trade and Development Foresights: Under Pressure – Uncertainty Reshapes Global Economic Prospects' is incorrect?
- 1The publisher of the report, the United Nations Conference on Trade and Development, is headquartered in Geneva, Switzerland.
- 2South-South trade now accounts for a third of global trade.
- 3Latin America, Europe, and parts of Asia are expected to see stronger growth in 2025 due to increased global demand.✓
- 4The global economic growth forecast for 2025 is 2.3%, a decrease from 2.8% in 2024.
Correct answer
Latin America, Europe, and parts of Asia are expected to see stronger growth in 2025 due to increased global demand.
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