<html><body><p>Historically, large-scale <a href="https://quotes.tuteehub.com/tag/global-1742" style="font-weight:bold;" target="_blank" title="Click to read more quotes about GLOBAL">GLOBAL</a> <a href="https://quotes.tuteehub.com/tag/trade-2108" style="font-weight:bold;" target="_blank" title="Click to read more quotes about TRADE">TRADE</a> has served two functions: 1) the <a href="https://quotes.tuteehub.com/tag/exchange-4847" style="font-weight:bold;" target="_blank" title="Click to read more quotes about EXCHANGE">EXCHANGE</a> of goods between <a href="https://quotes.tuteehub.com/tag/willing-1351" style="font-weight:bold;" target="_blank" title="Click to read more quotes about WILLING">WILLING</a> sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the <a href="https://quotes.tuteehub.com/tag/private-2691" style="font-weight:bold;" target="_blank" title="Click to read more quotes about PRIVATE">PRIVATE</a> parties are stand-ins for governmental interests.</p></body></html>

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Historically, large-scale GLOBAL TRADE has served two functions: 1) the EXCHANGE of goods between WILLING sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the PRIVATE parties are stand-ins for governmental interests.

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Historically, large-scale GLOBAL TRADE has served two functions: 1) the EXCHANGE of goods between WILLING sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the PRIVATE parties are stand-ins for governmental interests.

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Historically, large-scale GLOBAL TRADE has served two functions: 1) the EXCHANGE of goods between WILLING sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the PRIVATE parties are stand-ins for governmental interests.

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