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Obviously, some economists like globalization and "levelling the playing field". However, it will probably be recognized as a fashion and fad soon enough. (How far do economists think ahead? 3 months or what?)

There's value in preserving local differences.

But that's not even getting into the details of these arrangements.

Globalization is a fad? Only if World War 3 takes us back to the stone age. The box has been opened and it can't be closed.

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