What is the potential major threat to any economic cycle mentioned in the text?
Protectionism Reduces Volume of Trade in Global Economy, Says Indosuez’s Owens Thomsen

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2.
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How does protectionism affect global trade volumes according to the discussion?
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What evidence is presented regarding the US consumer's role in the economy?
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What is suggested as a more appropriate policy to balance the US trade balance?
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What is the underlying issue in the US economy related to consumption and production?
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