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This study focuses on the diversity of merchandise exports by product. Export diversity by product is important to hedge against price shocks and sector-specific drops in demand. Product diversity is also important for ensuring that a positive shock in demand or price for a given product does not...

This study focuses on the diversity of merchandise and commercial services exports by destination. Export diversity is important to hedge against the risk of an economic downturn in partner economies, but it also helps to protect against the threat of trade protectionism. Protectionism is...