Correlation between development of technology and intensity of trade as an attribute that visibly influences the future of this sector

More and more people these days tend to discover that most of the products they use regularly come from another country. About five decades ago inter alia for majority of customers purchasing something that would be made in another country used to be believed as something luxury.


Autor: Paul van de Velde
Nonetheless, as it has already been presented in the top section, improvement of technology and rising pace of growth is related to the fact that, first of all, the intensity of trade has also increased significantly. As a result, currently finding product that has been made in another country is not an exception, but routine. It is implied by the fact that, first of all, owing to development of the transport infrastructure, building of new motorways as well as intensified airplane transports, it is often substantially more attractive for a country to purchase cheaper commodities from another one even counting the costs of the transport. An interesting example here is connected for example with commodities improved in eastern side of Europe that are transferred to the western side such as Polish furniture that is believed to be the most trustworthy and attractive.

As it has been presented previously, trade has become more and more intensified owing to several reasons. One of those is growth of the field of logistics that allow us to cut down the costs of the transport. Therefore, substantial number of new companies that aim is to increase the service standard reducing the costs at the same time. This proves that transferring diverse goods even more than one thousand kilometers, owing to the efforts of the previously analyzed experts has never been so cheaply available.

Therefore, trade surely belongs to topics that have beautiful future in front of itself. It is indicated by the fact that the globalization is more and more accepted by the society worldwide, which proves that the previously mentioned topic has great place for further development.