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domain in the world. Almost all of our trade travels by sea. Our fuel, food, fertiliser, pharmaceuticals, manufactured goods and many other essentials arrive through maritime supply chains. The very foundations of our economy and our...

Images A customer shops for washers and dryers at Lowe's in Burbank, California. Orders for long-lasting U.S. manufactured goods recorded their biggest drop in nearly a year in July and a gauge of planned business spending on capital...

bills are easier to carry than large amounts of metal or coins. Everything we produce and trade―food, manufactured goods, labor, and services―has a money value. The value of goods and services depends on how much money people are...

and foreign companies were encouraged to grow. By the 1990s, China had become a major exporter of low-cost manufactured goods. Key factors included cheap labor, infrastructure development and World Trade Organization membership in 2001...