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  <title>Global trade: Inside the world economy’s hidden wiring</title>
  <description>Global trade is the world economy’s “hidden wiring:” Instead of trading finished goods, countries exchange product components and services, linking nations across the world through spread-out supply chain models. But this also means far-away economic shocks can now have a much greater impact on U.S. prices, jobs, and investment decisions. Risks like extreme weather events, geopolitical flare-ups, and cybersecurity threats are shaking up the international economic landscape – and could lead to greater isolation. What might that mean for the future of global trade? Download the papers authored and presentations given by economists Pol Antras, Şebnem Kalemli-Özcan, and Tommaso Monacelli at the Boston Fed’s 69th Economic Conference, “The U.S. Economy in a Changing Global Landscape.” </description>
  <author_name>Six Hundred Atlantic</author_name>
  <author_url>https://www.bostonfed.org/publications/six-hundred-atlantic.aspx</author_url>
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