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What is Trade in Value Added Analysis about?

This document discusses measuring trade based on value added rather than gross flows. It notes that current measures double count trade by attributing all value to the last country of production. Measuring trade in value added tracks the value each country adds in global supply chains. This provides a more accurate picture of bilateral trade balances and who benefits from trade. It is important for policymaking in areas like trade, growth, competitiveness and industrial policy. The document outlines the met

Author

Florentina Viorica Gheorghe

Language

EN