International Trade

Does It Make Sense?

Without a definite beginning and with no foreseeable end, international trade is undoubtedly one of the most intriguing phenomena of the 21st century. Perhaps the origins of international trade lie in the Industrial Revolution that began in Great Britain, when production shifted from agriculture to manufacturing. Western European countries started to rely on trade to provide raw materials for production. A gradual move to "freer" trade followed; countries gradually... (More)