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History of International Trade
2
History of International Trade
Valeria Ramírez Martínez
1900 a.C.
1960 a.C.
Today
1940 a.C.
7000 b.C.
Payment Method
People around the world used as a payment method the exchange of goods or services for another one required, it was named Barter.
7000 b.C.
2000 b.C.
The silk road
Network of multiple routes that gradually emerged over centuries, connecting to various settlements and to each other thread by thread. Merchants carried goods for trade through them.
2000 b.C.
They were modified through the time by different governors, trying to adapt them to the new demands of goods through the world.
Changes
The Buddhism was transformed in different countries, because it helped to ensure the success of the trips around the road
Contributions
1400 a.C.
Age of exploration
After finding sea routes, the spanish crown started to send explorers to Africa and America, with the purpose of colonizing new lands
1400 a.C.
Slavery
People from Africa, especially black, were commercialized in the high class population in America.
Slavery
Importations
New goods and services were brought to America when the Spanish conquers arrived to the continent, like animals, plants, fabrics, etc.
The implementation of new machines made the production of different products better and faster. In addition, new inventions such as the locomotive made it possible to better connect the world.
Industrial Revolution
1700
1700 a.C.
1800
Advent of steam power
It helped the ships to travel longer distances throw the world, carrying out merchandise
1800 a.C.
1900
Discovery of oil and Diesel powered ships
These ships helped to get the goods to their destinations faster. Their design should allow them to pass through the Panama Canal and carry a significant number of containers. Also, the ports were changing, adapting to this new way of transporting goods.
The GAAT and the OAS were created in order to regulate and strengthen the trade agreements that existed and were beginning to emerge in different parts of the world.
International Trade Organizations
1940 a.C.
During the 1960´s in the Cold War, the United States began to develop communication networks, with military objectives. Over the years, this was further developed and offered to the public what we know today as the Internet. Through it, it is possible to meet people and find customers around the world.
1960
Internet
Today
Global interconnectedness shapes our lives like never before. There are many ways of executing trade, which are at the vanguard of new creations to make life easier for people by improving the way goods and services are exchanged.
References
- https://www.youtube.com/watch?v=mwEB85eX4R4&hd=1
- https://www.youtube.com/watch?v=vfe-eNq-Qyg
- https://www.youtube.com/watch?v=vn3e37VWc0k&t=100s
- http://puceae.puce.edu.ec/efi/index.php/economia-internacional/12-teoria-clasica/214-inicios-del-comercio-internacional
- https://www.ifp.es/blog/historia-del-comercio-internacional