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How industrial standards help explain Russia’s economic motives for invading Ukraine

Mark Wu discusses the economic motives behind Russia’s invasion of Ukraine.

Several former Soviet states use Russia’s industrial standards, which creates a captive market for Russian goods. Plus, Wu said Russia can dangle its standards in front of less-developed economies that want a market for their products.

“[This is] to say, ‘Integrate this way towards us. You’re better off doing so. You’re going to be more competitive doing so. And we offer a sizable market where you can compete,’” Wu said.

Read more at Marketplace 

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