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Challenge Overview
Open trade and market access have proven to be key drivers of economic growth and poverty reduction in countries at every level of development. The ability to trade globally has fostered more openness, stability, and transparency, which in turn has enabled unprecedented economic growth worldwide and contributed to uplifting hundreds of millions out of extreme poverty. Countries that engage in international trade typically grow faster and provide more opportunities to their people than countries that do not trade openly. Further, by offering consumers access to more affordable goods and services, open trade also helps improve the livelihoods of lower-income communities.
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