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Carney said that Canada and the European Union have a combined population that is more than twice that of the United States, with a similarly sized economy and a collective defense budget that is twice that of China’s. He said smaller nations can multiply their strength by partnering with like-minded allies. “In a world of great power rivalry, middle powers have a choice — to compete for favor or to combine to create a third path with impact,” Carney said at Trinity College in Dublin. He made similar comments at the World Economic Forum in Davos, Switzerland, which became a…
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