The world is in a global period of trade stagnation. Countries all over the world are experiencing sluggish export growth.
With some countries actually seeing declines in their exports.
This has been largely due to the fact that many countries have been focusing on protectionist policies and discouraging imports rather than simultaneously advocating for both exports and discouraging imports.
Argues that it’s time for a change from this traditional approach, as it will allow these countries to once again increase their exports and generate more revenue for themselves in the process.
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