14. Peter Pundit, an economics reporter, states that the European Union (EU) is increasing its productivity very
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14. Peter Pundit, an economics reporter, states that the European Union (EU) is increasing its productivity very rapidly in all industries.
He claims that this productivity advance is so rapid that output from the EU in these industries will soon exceed that of the United States and, as a result, the United States will no longer benefit from trade with the EU.
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