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Gita Gopinath on the Global Economy

Foreign Policy Live

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Rise of Trade Restrictions and Potential Geopolitical Consequences

The chapter explores the increasing trend of trade restrictions and its potential implications, including the possibility of a new Cold War. It discusses the reasons behind this shift, such as the pandemic, supply chain dependencies, and geopolitical rivalries. The importance of diversifying supply chains and maintaining a level playing field in global trade is also emphasized.

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