14min chapter

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NATO’s place in the global economy

Make Me Smart

CHAPTER

NATO's Military Capabilities and Economic Significance

The chapter explores whether NATO has the military capabilities to uphold its commitments, particularly in relation to the 2% GDP defense spending pledge. It also delves into the economic significance of NATO alliances for global security and stability, discussing how instability affects global trade and consumer prices. Additionally, the conversation touches on concerns over NATO allies' preparations for a potential second Trump administration and the need to counter China.

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