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Trade wars in the global value chain era

Emily Blanchard
2019
#Trade and FDI

The nature of global commerce has changed dramatically over the past 40 years, with the meteoric rise of global value chain trade. This column, taken from a recent Vox eBook, builds on insights from recent research to identify three critical dimensions of global value chain trade that promise to make today’s trade wars more economically costly and more politically complex than previous trade wars.

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Emily Blanchard

Tuck School of Business at Dartmouth College

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