New Defending Globalization Content: US Trade Agreements and International Financial Centers
Today we’ve published two new essays for Cato’s Defending Globalization project:
How Trade Agreements Have Enhanced the Freedom and Prosperity of Americans by Daniel Griswold and Clark Packard shows that trade agreements have opened markets for hundreds of billions of dollars of US exports and foreign investment while lifting the standard of living for millions of American families through lower consumer prices and better jobs.
The Impact of International Financial Centers by Andrew P. Morriss explains that international financial centers (IFCs) provide outsized benefits to the global economy by reducing risk and transaction costs while encouraging better business laws around the world.
This content joins 34 other essays and additional multimedia features on the main Defending Globalization project page.
Make sure to check it all out and stay tuned for future releases.