Correlation between improvement of technology and intensity of trade as an element that visibly influences the future of this sector
4th June 2021
Increasing amount of people currently tend to observe that majority of the products they use every day come from another country. About five decades ago inter alia for most of people having something that would be produced in another country used to be thought as something luxury.
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Nevertheless, as it has already been presented in the top section, development of technology and rising pace of development is connected with the fact that, firstly, the intensity of trade has also improved substantially. Consequently, nowadays purchasing product that has been produced in another country is not an exception, but routine. It is proved by the fact that, first and foremost, thanks to development 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 goods from another one even counting the costs of the transport. A worth mentioning example in this case is connected for instance with products improved in eastern side of Europe that are transferred to the western side such as Polish furniture that is believed to be the most solid and attractive.
As it has been analyzed above, trade has become more and more intensified thanks to different reasons. One of those is progress of the area of logistics that allow us to decrease the costs of the transport. Consequently, substantial number of new enterprises that aim is to increase the service standard minimizing the costs at the same time. This indicates that transferring miscellaneous goods even more than one thousand kilometers, owing to the efforts of the above presented specialists has never been so cheaply available.
That’s the reason why, trade surely belongs to fields that have great future in front of itself. It is proved by the fact that the globalization is more and more accepted by the society worldwide, which implies that the above analyzed topic has great place for further improvement.