Consider the following statements regarding the “Global Trade Outlook & Statistics Report” by the World Trade Organization (WTO):

  1. The global merchandise trade growth projection for 2024 has been revised upward to 2.7%.
  2. Asia's export volumes are expected to grow by 7.4% in 2024, faster than any other region.
  3. Global GDP growth projection has been increased to 3% for both 2024 and 2025.

Which of the statements given above are correct?

1
Only 1 and 2
2
Only 2 and 3
3
Only 1 and 3
4
Only 1
5
All of the above

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