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The two most powerful forces that have transformed the world in recent decades have been the expansion of globalization and the information revolution. These two great engines have been chugging away, integrating Asia into the global system and ushering in a digital age that is now invading every corner of life. Democratic opposition to fast-track trade authority for President Barack Obama is blind to the fundamental reality of this era – you can't turn off the machine.You The average tariff in the developed world is now about 3 percent.The World Trade Organization notes that China's average is less than 10 percent today, down from around 40 percent in 1985 .The United States has one of the world's most open economies.In an essay in Foreign Affairs in 1993 on the North American Free Trade Agreement, Paul Krugman explained that NAFTA was not going to have much of an impact on the vast U.S. economy one way or the other.
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