History of international trade pdf

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history. Understanding the future shaping factors of world trade begins with an understanding of the historical forces that created the global trading International trade has a rich history starting with barter system being replaced by Mercantilism in the 16th and 17th Centuries. The 18th Century saw the shift international trade, economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and The General Agreement on Tariffs and Trade (GATT) arose in 1947 out of the ashes of the. Second World War, as did the International Monetary Fund and what weThe country's historical influence in promoting global trade liberalization can be traced back to the early part of the twentieth century, and it spans both.