Thank you, Mr. Chair.
And thanks to both of you for your comments.
Mr. Clark, I believe we have you on record in the not too recent past, at a breakfast I attended, saying that the WTO was dead--I remember that comment. Now you're saying it's not quite dead. Is it on life support, and is there hope for it yet?
I would like to expand on that. I won't just leave you with that question, which you can answer in one or two words. It's a voluntary membership. There are 149 members right now. We're not going down in membership; we're going up. So everybody wants to be part of this group of nations. Obviously, most countries recognize the benefits to it.
What happens if we lose it? Can you share with this committee what we need to do, as a country, to prepare for the potential outcome of not getting an agreement? Have we got enough bilaterals in place to offset a failure at the multilateral level?