Business &Amp; Professional Services: Fast-Growing Markets
International Trade Forum › Num. 2/2005, Avril 2005
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Résumé
According to the International Monetary Fund, business and professional services have been the fastest-growing sector of world trade from an export earnings perspective since the General Agreement on Trade in Services was launched in 1995, with an average annual growth rate of 7.6%. All firms use these services to increase their operational efficiency, enhance the quality of their output, reduce their fixed costs, manage their financial operations and strengthen their market position. Business and professional services are typically high-end value-added activities. Innovation is a key factor behind all successful exporters. Governments and trade support institutions can boost export potential by including business and professional services in national strategies, policy reviews and trade promotion initiatives.
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Business &Amp; Professional Services: Fast-Growing Markets
According to the International Monetary Fund, business and professional services have been the fastest-growing sector of world trade from an export earni...
Voir le contenu complet de ce document
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