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From Baldwin and Martin (1999), outline and discuss one major similarity, and one major difference, between the two waves of globalisation with respect to each

From Baldwin and Martin (1999), outline and discuss one major similarity, and one major difference, between the two waves of globalisation with respect to each of the following:

a. Trade

b. Capital flows

c. Migration.

https://www.nber.org/papers/w6904 (Reading link)

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