Federica Coelli, Andreas Moxnes, Karen-Helene Ulltveit-Moe, 21 November 2016

Free trade is under fire, with evidence documenting the distributional impacts and labour adjustment costs of trade liberalisation mounting. This column instead presents new evidence on the benefits of freer trade in terms of growth and innovation. It points to gains that could be lost if support for globalisation is not maintained.

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