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Report: Digital Global Trade Surges, Brings Profound Changes

The flow of digital goods and services across borders is surging globally, while trade in traditional goods and the flow of international finance has stopped growing. That's the conclusion of a new study by the McKinsey Global Institute, which said this huge change offers both opportunities and risks for companies and countries, particularly small ones. At a presentation at the New America Foundation in Washington, McKinsey experts said the destination of trade, as well as the...

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