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The new, 5th edition (12th American) arrives at a time when, just a few years after the 2008-2009 financial crisis, the global economy continues to be affected by weak economic growth, and the income of many people remains stagnant.
This grim picture has been exacerbated by the economic disruption caused by the COVID-19 pandemic, which dramatically illustrated how the movement of people, the flow of data, and trade connect our interdependent world.
The purpose of the book is to equip students with the intellectual tools that will help them understand the economic implications of global interdependence.
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