The Huffington Post – The New World of Trade Is All About Values and Consumer Risk

BRUSSELS — We are transitioning from an old world of trade to a new world, where trade opening has become a very different game of great consequence for the future. The old world of trade was a world where production systems were national and where obstacles to trade were about protecting domestic producers from foreign competition. By contrast, the new world is a world where production is transnational along global supply chains of goods and services and where obstacles to trade are about protecting the consumer from risks.

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