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</html><thumbnail_url>https://exam.pscnotes.com/current-affairs/wp-content/uploads/sites/307/2025/04/16016_1745629487.jpg</thumbnail_url><thumbnail_width>940</thumbnail_width><thumbnail_height>627</thumbnail_height><description>The &#x201C;Spaghetti Bowl Phenomenon&#x201D; is in the news due to ongoing debates about regional trade policies and the increasing number of Free Trade Agreements (FTAs). The term, coined by Jagdish Bhagwati in 1995, describes the complex web of overlapping FTAs that can hinder rather than help trade. Each FTA has unique Rules of Origin (ROO), ... Read more</description></oembed>
