World Trade

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International trade—business conducted across national borders—drives GDP and directly and indirectly affects global alliances, globalization, and the economic health of nations. RAND research has examined international trade in contexts as diverse as arms trafficking, the drug trade, international nuclear commerce, trade unions, the U.S.-China trade deficit, and economic investment in Ukraine.

  • A replica of China Railway high-speed trains at a media center for the second Belt and Road Forum, in Beijing, China, April 26, 2019, photo by Jason Lee/Reuters

    Blog

    Demystifying the Belt and Road Initiative

    Jul 6, 2020

    Under the Belt and Road Initiative, China works with more than 70 countries to design and implement large infrastructure projects. Why are countries of all stripes turning to China for funding when the world is awash with cash?

  • British Prime Minister Boris Johnson (center) speaks in a videoconference with the heads of the European Union in London, UK, June 15, 2020, photo by Andrew Parsons/No10 Downing Street/Reuters

    Blog

    The Cost of Brexit Uncertainty

    Jul 8, 2020

    Leaving the European Union has had an overall negative economic effect on the UK economy, and there are additional economic costs associated with the uncertainty surrounding the new relationship. Will there be a deal? And if so, what type of deal is likely?

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