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  • Oatley 2010 Wto World Trade System

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    The global economy has become increasingly interconnected over recent decades as trade, finance, and production have become more integrated across borders. This has led many countries to liberalize their trade policies and deregulate their financial systems to facilitate the flow of goods, services, and capital internationally. However, greater economic interdependence also means that economic shocks and downturns in one region or sector can more easily spread globally through these dense networks of international economic linkages.

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    The global economy has become increasingly interconnected over recent decades as trade, finance, and production have become more integrated across borders. This has led many countries to liberalize their trade policies and deregulate their financial systems to facilitate the flow of goods, services, and capital internationally. However, greater economic interdependence also means that economic shocks and downturns in one region or sector can more easily spread globally through these dense networks of international economic linkages.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views25 pages

    Oatley 2010 Wto World Trade System

    Uploaded by

    Núria
    The global economy has become increasingly interconnected over recent decades as trade, finance, and production have become more integrated across borders. This has led many countries to liberalize their trade policies and deregulate their financial systems to facilitate the flow of goods, services, and capital internationally. However, greater economic interdependence also means that economic shocks and downturns in one region or sector can more easily spread globally through these dense networks of international economic linkages.

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    © All Rights Reserved
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    in: Oatley, Thomas (2010) International Political Economy.

    New York (NY): Longman

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