Yes.
2. If world trade is falling dramatically what does it portend for export dependent economies including advanced economies like Japan and Germany and most emerging market economies including China, India and Brazil?
Emerging economies will be hit hardest because they produce low cost goods or commodities. Germany and Japan will be hit, but not as badly.
3. Are there ways in which national economies can incentivise their investment and consumption patterns to generate domestically driven growth?
Yes. Cut taxes and cut non-productive government spending, leaving more money in the hands of the productive private sector. This will encourage consumption, growth, and investment.
Did I pass?
Thank you Obama for decreasing mankinds footprint on global warming.
to me? still shows that the US is still the hub of global warming, trade, commernce, prosperity and progress.
Yes the marginal economies will be hit the hardest... (just like “black” America).