Correlation between development of technology and intensity of trade as a factor that visibly impacts the future of this sector

Increasing number of people nowadays tend to discover that majority of the commodities they use every day come from another country. About five decades ago for example for majority of customers having something that would be made in another country used to be considered as something luxury.

shopping

Autor: Paul van de Velde
Źródło: http://www.flickr.com
On the other side, as it has already been mentioned in the top section, improvement of technology and improving pace of growth is connected with the fact that, first of all, the intensity of trade has also increased substantially. Hence, contemporarily finding a commodity that has been made in another country is not an exception, but routine. It is implied by the fact that, above all, owing to improvement of the transport infrastructure, building of new motorways as well as intensified airplane transports, it is sometimes considerably more attractive for a country to import cheaper products from another one even counting the expenses of the transport. An attractive example here is connected for instance with goods improved in eastern side of Europe that are transferred to the western side such as Polish furniture that is thought to be the most reliable and attractive.

As it has been mentioned above, trade has become more and more intensified thanks to different reasons. One of those is growth of the area of logistics that allow us to reduce the costs of the transport. As a result, substantial number of new corporations that aim is to maximize the service standard decreasing the expenses at the same time. This indicates that transferring different products even more than one thousand kilometers, due to the efforts of the previously presented experts has never been so cheaply available.

Consequently, trade certainly belongs to fields that have amazing future in front of itself. It is implied by the fact that the globalization is more and more accepted by the people worldwide, which indicates that the above mentioned field has great place for further development.