PLEASE NOTE
Capital Ideas is now Chicago Booth Review but unfortunately original articles are no longer available. If you click through you will be taken to the Internet Archive site to find an archived copy.
Capital Ideas is now Chicago Booth Review but unfortunately original articles are no longer available. If you click through you will be taken to the Internet Archive site to find an archived copy.
The globalization of trade is so established that it has lost the power to astound us. Yet the global economy is not as integrated or efficient as is widely believed, according to A. Kerem Cosar, assistant professor of economics at Chicago Booth, because getting goods from their point of origin to international shipping centers within the same country can be expensive—sometimes more expensive than shipping them to a foreign destination. Moreover, exporting goods across borders can incur costs that deter trade even when tariffs have been negotiated down.
Content: Article
Author: Samantha Stainburn
Source: Capital Ideas
Subjects: Economics, International
Author: Samantha Stainburn
Source: Capital Ideas
Subjects: Economics, International
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