Tag: chain reaction
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Chain reaction
WotD: Chain reaction A chain reaction is a series of events where one action causes another, leading to a cascade of effects. This concept often comes into play in global economics, especially when discussing tariffs and trade relations. Let’s take a closer look at a situation where a tariff of 145% is imposed on Chinese…
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Arms race
Word of the Day: Arms race BANG! And they’re off. Welcome, ladies and gentlemen, to the 21st-century arms race. The post-Cold War era is officially over, and we have entered the pre-World War III era. It’s hard to say and even harder to hear, but those are the facts. The political and global landscape has…