10 Interesting Fact About International trade and commerce

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• International Trade first appeared in ancient times by exchanging commodities between nations.
• A large container ship can carry up to 18,000 containers, which is equivalent to 864 million tea bags or 3.5 million small cars.
• International trade has helped reduce world poverty by creating jobs and increasing family income.
• International trade can increase competition in the global market, which in turn can increase product innovation and quality.
• Most international trade is carried out by sea, with 90% of goods transported in sea ships.
• Countries involved in international trade usually have a more stable economy and develop faster than countries that are not involved.
• International trade can help increase international cooperation and promote peace among the countries involved.
• Countries involved in international trade often have better access to the technology and resources needed to improve their economic progress.
• International trade has helped promote the culture and arts of various countries around the world.
• Globalization has brought many benefits to international trade by accelerating communication and transportation between countries.