The Future Of Trade Is Not Manufacturing
Richard Baldwin explains why the future of global trade may shift away from manufacturing and toward services. As automation reduces the role of labor in manufacturing, goods production could become more local and less dependent on global supply chains. At the same time, B2B services are growing much faster than traditional goods trade and may soon represent the majority of world trade. #GlobalTrade #Economics #Automation #Services #Manufacturing #SupplyChains #AllInCrypto
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