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  • Trade and Specialisation

Click to read the article below and then answer the questions:

Martin Wolf: the world economy’s story remains one of integration

Consider the graph of world exports as a share of GDP, 1827-2023. 

  • What is the overall trend?

  • Identify three large contractions in trade and three significant increases in trade on the graph

  • Identify at least five contributing factors that led to hyperglobalisation

  • Identify at least three factors that contributed to the slowing or reversal of hyperglobalisation

Ariel Slonim at MRU Econinbox

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