In this way, citizens in Europe, in China, and all over the world will recognise that international trade is a virtue in our societies, not a threat. Thank you for your attention. 1 Source: Penn World Tables Version 8.1. 2 Source: Milanovic, B. (2013). Global income inequality in numbers: In history and now. Global policy. 4(2): 198–  208.
3 On domestic distributional consequences of international trade, see, for example, Acemoglu et al. (2016). Import competition and the great US employment sag of the 2000s. Journal of Labor Economics 34(S1): 141– 198; McKinsey (2016). Poorer than their parents? A new perspective on income inequality. Available online: www.mckinsey.com/global-themes/employment-and-growth/poorer-than-their-parents-a-new-perspective-onincome-inequality.