Top Stories of 2016: Nations push back at globalization causes surprises
World economies react to Brexit, U.S. election; oil, markets ride roller coasters
By PAN PYLAS, Associated Press
Published: January 1, 2017, 6:05am
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LONDON — Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016.
The election of Donald Trump as U.S. president and Britain’s decision to leave the European Union have raised questions over the future of tariff-free trade and companies’ freedom to move production to lower-cost countries.
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