Global trade has been increasingly vilified over the past five years from the global leaders to the distant emerging markets. This criticism comes with many unflattering labels: from isolationism to protectionism to nationalism. All are either direct result or inevitable consequence of the same preoccupying belief that trade is in some way undermining the health of an individual economy to benefit the many.
Yet, history does not bear out this scourge. While there are certainly periods of adjustment and bouts of economic underperformance depending on the cycles and political circumstance, the long-term trend marches tenaciously towards collective growth.