Cross-Border Trade = Increasingly Important to Global Economy Trade as % of Global GDP 40% 30% are 20% Sh 10% 0% 2016 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 Source: World Bank. Note: ‘World Trade’ refers to the average of Imports & Exports (to account for goods in-transit between years) for all nations. 215