The June 21, 2023, UNCTAD report referenced in the above Discussion Question overview, refers to an "ongoing decline in trade interdependence between the United States and China" along with the recent increase in "friend-shoring". Why would these trends in the patterns within Global Merchandise Trade Volume be important to the decision-makers at the shipping container company?

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The trends mentioned in the June 21 2023 UNCTAD report including the ongoing decline in trade interdependence between the United States and China and ... View the full answer