
The Benefits Of Trade Liberalization
The case for free trade has always been a tough sell. While trade is an economic endeavor, trade policy is the product of politics, where perceptions often matter more than facts. Domestic politics, national security concerns, and geopolitics conspire against the economics and the prospects for resuscitating multilateralism. The world remains deeply connected on trade despite political turbulence across continents. Trade as a share of global value grew by 23%, from 46.8% in 2