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4000 BCE
Neolitic Revolution
Development in economy, emergence of cities and early civilizations -
3000 BCE
Trading roads
Caravans traveled along the Mesopotamia and the Levant. As time passed, they expand their route trades to Asia and Europe -
200 BCE
Silk road
From China to India, to Mesopotamia, Greece ,Rome, Egypt, part of Africa, and Great Britain. Trade between China and the west was firmly established and silk was the most demand product -
501
Collapse of the western part of the Roman Empire
A considerable amount of travelers or negotiators have already know how to get to one place to another. They follow the routes that allow them to mobilize from one region to other "exporting" and "importing" products that they will not find in their home countries. -
800
Carolignian empire
European imports of spices were replaced by imports of exotic medicines developed by Arab pharmacologies. Silk, continue to flow into northwest Europe -
1492
Discover of America
Increased in commodities, gold and silver for the Europeans. Its was the discover of a new raw market, diferent than the usual production from Europe, Asia and India. Specifically the development in sea commerce communication and trading instead of just doing it by land -
1498
The passage to the East Indies via Cape of Good Hope
New commercial opportunities led to a new balance of power between the nobility, merchants, and the crown -
First wave of globalization
Second half of the nineteen century to World War I. Where the share of trade income was 2% with an increasing in 1913 and 1992, where exceed the 5% -
Fact
Long distance trade affected economic development and economic development affected trade. Now the trades are not only with those countries with access to the Atlantic Ocean -
Second wave of globalization
David Ricardo theory. Trade flows by differences in factor endowments in between the countries. Feel freely to move inside your country but not in others. The conflict of interests do not make desirable the idea to open markets -
Fact
The new trade models emphasize economies of scale and monopolistic competition, as a way to explain patterns of international speacialization
