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It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to … greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater …, marginalization is not intrinsic to globalization. Key Words: Globalization, international trade and investment flows concentration. …
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The WTO Secretariat has published a new information note warning of possible increases to trade costs due to COVID-19 disruptions. The note examines the pandemic’s impact on key components of trade costs, particularly those relating to travel and transport, trade policy, uncertainty, and...
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