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Less open trading leads to lower productivity.
American naval dominance supports the open trading system.
And yet, we have achieved unprecedented progress in creating and nurturing a highly open trading system.
Few countries have benefited as much as China from the open trading system.
The exchange ceased business over the weekend and has since wound down all open trading positions.
It was the model for export-led growth when the open trading system collapsed.
We share with Germany a belief in an open trading system.
All the concessions are being made by China in return for entering an open trading system.
By contrast, an open trading system is one of the surest ways to promote growth around the world.
But in an open trading area the connection between one country's surplus and another's deficit is complex.
Because Germany is an open trading economy, it was hard hit by the collapse of global trade during the recession.
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