Resource Distribution - International Trade

International Trade

The growth of international trade is an aspect of globalization in the later 20th Century (see OECD), which has affected international relations. Increased international trade from removing trade barriers has narrowed income distribution among some nation states. Many wealthier countries export non-land-intensive goods and services in return for agricultural and animal products, as illustrated by Japan.

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Famous quotes containing the word trade:

    ... it must be obvious that in the agitation preceding the enactment of [protective] laws the zeal of the reformers would be second to the zeal of the highly paid night-workers who are anxious to hold their trade against an invasion of skilled women. To this sort of interference with her working life the modern woman can have but one attitude: I am not a child.
    Crystal Eastman (1881–1928)