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

Increasing number of people these days tend to discover that most of the commodities they use regularly come from another country. About 50 years ago for instance for most of clients buying something that would be developed in another country used to be believed as something luxury.


Autor: Paul van de Velde
However, as it has already been presented in the top section, progress of technology and increasing pace of development is related to the fact that, first and foremost, the intensity of trade has also improved significantly. Hence, these days finding product that has been made in another country is not an exception, but routine. It connected with the fact that, first of all, thanks to improvement of the transport infrastructure, building of new motorways as well as increased airplane transports, it is sometimes much more attractive for a country to import cheaper goods from another one even counting the expenses of the transport. An interesting example here is connected inter alia with solutions improved in eastern side of Europe that are transferred to the western side such as Polish furniture that is considered to be the most solid and attractive.

As it has been analyzed previously, trade has become more and more intensified due to different reasons. One of those is growth of the topic of logistics that allow us to cut down the costs of the transport. Hence, significant number of new enterprises that aim is to increase the service standard reducing the costs at the same time. This proves that transferring miscellaneous commodities even more than one thousand kilometers, owing to the efforts of the previously analyzed specialists has never been so cheaply available.

Hence, trade certainly belongs to areas that have beautiful future in front of itself. It is indicated by the fact that the globalization is more and more accepted by the societies worldwide, which proves that the above shown area has great place for further development.

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