Summary of the week
This week uncovered underpinning concepts of economics that help better understand the unbundling processes as well as the agglomeration forces that trade cost falls imply.
Economic theory also showed that trade is in overall beneficial to every involved country.
However, it can lead to higher inequalities within countries.
This will allow us to introduce next week’s big questions: what are the roots of anti-globalisation and what is the future of globalisation?
Let’s continue the journey together!
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