Since 1948, the U.S. annually has celebrated World Trade Month and World Trade Week in May.
In 1988, President Ronald Reagan described World Trade Week as “a truly appropriate time to remember the many benefits international trade has conferred on our country and to reflect on the many blessings the spread of economic freedom has brought, and can bring, to people in every nation.”
Trade freedom is an essential component of the economic freedom Reagan mentioned and which The Heritage Foundation grades annually as part of its Index of Economic Freedom.
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