Lund Says Companies Will Respond to Changes in Trade Policy

The video discusses the evolving landscape of globalization, highlighting the shift from goods to services in global trade. It emphasizes the growth of IT and cloud services, the impact of trade policies, and the importance of innovation and R&D. The discussion also covers investment opportunities in logistics and refineries, and the changing nature of trade with the rise of digital flows and new technologies.

What is the main trend in global trade according to the study?

• Stability in trade of goods

• Growth in trade of services

• Decline in trade of services

• Increase in trade of goods

Which sector is leading the growth in services trade?

• Telecom

• Agriculture

• Retail

• Manufacturing

What factor is becoming less important in global production decisions?

• Innovation

• Labor costs

• Proximity to markets

• Research and Development

What type of investment is highlighted as having long-term potential?

• Real estate

• Refineries

• Technology startups

• Retail chains

Why is proximity becoming more important in supply chains?

• Advancements in technology

• Increased labor costs

• Complexity of global routes

• Decreased demand for goods

What is a major new component in the USMA trade agreement?

• Digital chapter

• Agricultural subsidies

• Labor rights

• Manufacturing incentives

What has increased 145 times over the last decade?

• Labor costs

• Trade in goods

• Cross-border data flows

• Investment in refineries