US companies have significantly benefited from globalization, with S&P 500 firms’ cost of goods sold ratio dropping 7% since China joined the WTO, but new protectionist policies could threaten these gains and impact markets, according to Yahoo Finance.
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US Companies Also Benefited from Globalization—Cost of Goods Sold Ratio Down 7% After China Joined WTO
US companies have significantly benefited from globalization, with S&P 500 firms’ cost of goods sold ratio dropping 7% since China joined the WTO, but new protectionist policies could threaten these gains and impact markets, according to Yahoo Finance.
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