INTERNATIONAL TRADE HISTORY

By Juan Diego Mejía
  • 6000 BCE

    NEOLITHIC

    NEOLITHIC
    All start when people discovered that they can work in agriculture. After that, a part of the population begin to specialize in pottery and working on those materials.
  • 5000 BCE

    BARTER

    BARTER
    After have discovered agriculture, people start bartering between them. Paying some objects with different ones that they did not need.
  • 100

    SILK ROUTE

    SILK ROUTE
    The silk route was a route that conect Rome with China. It has 6000km and it was used to transport Chinese silk, Roman wood and precious metals from intermediate points as India and Persia.
  • 1000

    FEUDALISM

    FEUDALISM
    The feudalism was a political, social and economical system based in a contract of two people. One of them have to work in the land and the other one have to pay him with food and a save place where to live.
  • 1300

    INTERNATIONAL BARTER

    INTERNATIONAL BARTER
    In the XIV Century some countries like Rome, Egypt and Greece started bartering between them, exchanging food, clothes, tools, ceramics, etc... that is how international barter began.
    Egypt was the pioneer exporting wine, wood, gold, oil and ivory.
  • 1400

    THE COIN

    THE COIN
    In the XV Century the coin is invented and people stop paying with materials, food or clothes. The use of money change the way they negotiated and increased the economy of the countries.
    The most important currency was the pure gold.
  • 1500

    COMERCIAL ROUTES

    COMERCIAL ROUTES
    The comercial routes born from the countries need to trade between them to supply their needs.
  • 1500

    CAPITALISM

    CAPITALISM
    During the capitalism system the Spanish balance is created with the idea of control the exports.These (exports) must be bigger than the imports.

  • TRANSATLANTIC TRADE

    TRANSATLANTIC TRADE
    Trading gets better with the change of the sailboat to the steamboat. It is faster and safer.

  • MERCANTILISM

    MERCANTILISM
    The mercantilism system focused on the international trade as a source of economic development. The invention of the printing press, the evolution of transport, the expansion of the comercial companies and the monopolies are some of the things that drove the economical development.

  • TECHNOLOGICAL DEVELOPMENT

    TECHNOLOGICAL DEVELOPMENT
    A series of technological developments occurs such as:
    - The compass
    - Firearms
    - Astronomical observation

  • INDUSTRIAL REVOLUTION

    INDUSTRIAL REVOLUTION
    The structures, systems and production ways were transformed in every country and every economical area

  • GATT

    GATT
    GATT creation. Tariffs are removed.

  • OAS

    OAS
    The creation of the Organization of American States. This brings more exports, monetary stability, import adjustment and strengthening external payment capacity.

  • WTO and FTAAN

    WTO and FTAAN
    Creation of The World Trade Organization and officialization of the FTA between México, USA and Canada removed the trade barriers.

  • GLOBALIZATION

    GLOBALIZATION
    Globalization was born in order to reduce production costs to give the producer the ability to be more competitive in a global environment. Provides an international free trade zone.