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What is Does Trade Integration Contribute To Peace? about?

Globalization has been one of the most salient features of the world economy over the past century. Emerging markets and developing countries continue to integrate into the global trading system. World trade has increased rapidly, particularly since World War II—from 17.8 percent of worldwide gross domestic product (GDP) in 1960 to 47.4 percent of GDP in 2005.

Author

Cato Institute

Language

EN