Once upon a time, in 1947, there was a country which was one of the 23 founding members of the General Agreement on Tariff and Trade (GATT), and now that country ranks 60-70th in the list of global exporters and doesn’t figure among prominent players in the World Trade Organisation (WTO), the successor of GATT. Interestingly, the country is the 5th (officially 6th) largest in population, with the size of economy in the mid-40s (in 20s in terms of purchasing power parity) but ranks in the 60s for exports. Once…
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