HONG KONG / WAM The US dollar held near a one-and-a-half-week high in Thursday trading, …
Read More »Free trade’s critics were once its champions
Globalization is clearly under attack, whether we look at trade flows or foreign direct investment. Part of the backlash against free-market policies that followed the 2008 financial crisis, protectionism has been on the rise: The irony is that the very forces that are now attacking globalization were historically its fiercest advocates. And the early pioneers of free trade would …
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