-increasingDegreeofEconomicInterdependenceReflectsthehistoricalevolutionoftheworld’seconomicandpoliticalorder;emuchmoresophisticatedinrecentyears;:,includingtradeofgoodsandservices,financialmarkets,thelaborforce,ownershipofproductionfacilities,(GDP),UnitedStates,(bln$)(bln$),InternationalTradeTradeisazero-sumactivity—radepartygains,,quotas,IncreasedOpennesscurtailinflationarypressuresathome;placesconstraintsonwagesfordomesticworkers;reduceoreliminatethecrowding-outofprivateinvestment;makethedomesticeconomyvulnerabletodisturbancesinitiatedoverseas;
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