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Trading Up: With global growth finally on the rise, is the trade recovery sustainable?
After almost six years of lackluster performance, global trade growth now appears to be improving. Since the end of 2016, when the global gross domestic product (GDP) growth recovery began to gain some momentum, trade growth—both in volume and value terms—has rebounded to rates not seen since 2011.1 This is, indeed, good news for businesses around the world.
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