
We’ve Been Looking At Trade All Wrong
Why It Matters
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The Evolution of Global Trade
This chapter explores the transformation of global trade, highlighting the shift from traditional models to complex, fragmented production systems. It discusses the implications of recent U.S. trade policy changes, emphasizing a shift towards nationalism and the potential destabilization of long-standing trade norms. Historical perspectives are provided, including the negative impacts of past protectionist measures on the economy and international relations.
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