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Trade and Domestic Production Networks
When most people think about international trade, they likely imagine large companies trading goods back and forth among many countries, and they likely picture rows and rows of colorful intermodal containers stacked on huge transport ships.
Political Scandal: A Theory
Imagine a scenario where Politician A is reported to have said something politically damaging in a closed-door meeting. However, the news of this indiscretion is reported by members of the opposition party, with the members of Politician A’s party vehemently denying the accusation. Who would you believe? Would you lose faith in the politician, or would you blame extreme polarization for the political theater that you just witnessed?