International trade

By DannaVillamil
  • 4000 BCE

    Origins

    Origins
    Agriculture is discovered. Technological advances made harvest more abundant, helping people produce more than what they needed, therefore the excess of harvest was exchanged for other objects in which other communities were specialized.
  • 3000 BCE

    The barter

    The barter
    The barter was the way ancient civilizations started to trade, It consists of the exchange of a good for another with a similar value.
  • 2500 BCE

    Invention of money

    Invention of money
    It is an agreed means in a comunity for the exchange of goods and merchandise. Money is not only used for the exchange but also as a tool to store value
  • 476

    Trade routes

    Trade routes
    During the middle ages new transcontinental trade routes strated to emerge. These routes tried to meet the high european demand of goods and merchandise, specialy luxury goods. Some of the most known routes were The Silk Road and other important routes such as the pepper import routes. The crusades were also an important trade route created indirectly, it reactivated the economy of many european regions.
  • 1271

    The development of european trade

    The development of european trade
    Marco Polo was pioneer in the development of european trade with the Far East with the creation of The Silk Road.
  • 1492

    Discovery of America

    Discovery of America
    Since the discovery of America, new goods and new routes were discovered and trade was fundamental.
  • 1502

    Sea routes

    Sea routes
    Vasco da Gama explored new sea routes to the Far East that were less expensive and more secure.

  • Transatlantic trade

    Transatlantic trade
    Before the 19th century, transatlantic sailings between America and Europe were made in sailboats, whiich were very slow and sometimes dangerous. With the new steamships sailings were quicker and safer. Therefore, new oceanic companies were born, with frequent sailings and the construction of the new transatlantic turned into a national symbol.

  • Globalization

    Globalization
    Globalization from an economic point of view, tries to create a free trade zone worldwide. Globalization is born as a concequence of the need of reducing production costs in order to give the productor the opportunity of being competitive in a global environment.