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Up to $4.6 trillion in industrial trade flows could be rebalanced across geographies

The shifts might be driven by a variety of economic factors (capital intensity, an educated workforce, product complexity, and trade-weighted distance) and noneconomic factors (state interventions intended to further national security, national competitiveness, and self-sufficiency).

Up to $4.6 trillion in trade flows may be rebalanced across geographies in the coming years.
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To read the article, see “Reimagining industrial supply chains,” August 11, 2020.