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Their wordsThe European Union is big - the third largest economy in the world, but it has great difficulty in transforming economic strength into geopolitical clout.
Our reading
Mental modelLock-in and switching costs
Their wordsSo long as Canada is irrevocably plugged into the US economy, military and other arrangements, it's liable to get stuck with choices that run counter to its national interests.
Their wordsThis means that highly transformative institutions will often look identical to ineffectual talking shops and indeed be identical to ineffectual talking shops.
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