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A Forgotten Factor That Changed the World Economy - The Container
#GlobalValueChains #Containers #Globalization Ask what made globalization possible and you'll hear about the internet, free trade agreements, or the end of the Cold War. The answer almost everyone forgets is a standardized steel box. In 1956, loading a ship by hand cost $5.83 per ton; the first container ship, the Ideal X, cut that to 16 cents ...
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