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  • TIME

    Business: Localization can help America win around the world

    by Jeffrey Immelt Dec 21, 2016 2 minutes

    IS GLOBALIZATION BAD? WOULD YOU BELIEVE IT IF I TOLD you that 85% of GE’s jet engines and gas turbines have been sold outside the U.S. over the past 15 years?

    I understand that in the experience of some American workers, globalization is not exactly a synonym for progress; they can point to jobs lost rather than gained, companies leaving instead of moving in. It’s

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