Let’s Make a Deal

Tim SchlindweinInvesting, Market Observations

Trade among nations has received much attention in the campaign for the U.S. presidency. Trading among peoples is as old as mankind. It draws from the concept of comparative advantage. A good farmer and a good hunter each can benefit by focusing on their respective specialties and trading surplus output with each other. While comparative advantage has remained a core concept, modern trade agreements are more complex as they reflect geo-political realities and include noneconomic parameters. Does more trade lead to more growth and better investment outcomes?

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