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

More and more people nowadays tend to discover that a lot of the commodities they use regularly come from another country. About 50 years ago inter alia for majority of customers buying something that would be produced in another country used to be considered as something luxury.


Autor: Paul van de Velde
Nevertheless, as it has already been presented in the top section, progress 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, nowadays purchasing a commodity that has been developed in another country is not an exception, but routine. It connected with the fact that, first of all, thanks to progress of the transport infrastructure, building of new motorways as well as intensified airplane transports, it is generally much more attractive for a country to purchase cheaper goods from another one even counting the costs of the transport. An interesting example in this case is connected for instance with commodities developed in eastern side of Europe that are transferred to the western side such as Polish furniture that is thought to be the most trustworthy and attractive.

As it has been presented above, trade has become more and more intensified owing to various reasons. One of those is growth of the area of logistics that allow us to cut down the costs of the transport. That’s the reason why, significant number of new corporations that aim is to maximize the service standard minimizing the costs at the same time. This indicates that transferring miscellaneous commodities even more than one thousand kilometers, owing to the efforts of the previously mentioned specialists has never been so cheaply available.

Therefore, trade certainly belongs to areas that have amazing future in front of itself. It is indicated by the fact that the globalization is increasingly more accepted by the people worldwide, which proves that the previously presented topic has great place for further development.