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

Increasing percentage of people at present tend to find out that a lot of the products they use every day come from another country. About 50 years ago for example for most of people having something that would be developed in another country used to be thought as something luxury.


Autor: Paul van de Velde
However, as it has already been presented in the title, development of technology and improving pace of progress is referred to the fact that, first and foremost, the intensity of trade has also improved significantly. Therefore, currently getting good that has been made in another country is not an exception, but routine. It connected with the fact that, first and foremost, thanks to development of the transport infrastructure, opening of new motorways as well as increased airplane transports, it is often substantially more attractive for a country to purchase cheaper commodities from another one even counting the expenses of the transport. A worth mentioning 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 considered to be the most solid and attractive.

As it has been presented above, trade has become more and more intensified due to different reasons.

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One of those is progress of the area of logistics that allow us to reduce the costs of the transport. Therefore, substantial number of new companies that aim is to maximize the service standard minimizing the costs at the same time. This proves that transferring different commodities even more than one thousand kilometers, due to the efforts of the previously mentioned 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 improvingly more accepted by the societies worldwide, which proves that the previously shown field has great place for further development.