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> Why would anyone join now seeing these circumstances? Because the world is moving to being dominated by the big 3 trading blocs: US, EU and China. All in an
by threeseed 6y ago
> Why would anyone join now seeing these circumstances?
Because the world is moving to being dominated by the big 3 trading blocs: US, EU and China. All in an environment where the WTO is diminished and bilateral relationships become the norm.
If you are outside one of these blocs increasingly you will become weaker and more irrelevant for trade and services. And far less able to defend your interests.
- busterarm 6y agoIf the trading bloc doesn't serve your interests either though... Again, when the trading interests of a country are pitted against its other national interests, conflict is most often what comes next.