Business, 24.03.2020 01:35 Anabel818

Factors that influence international trade

World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per year between 1950 and 2003, world exports grew at 10.8% per year over the same time period.

Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply.

-Better high-speed rail lines

-Increases in the global population

-Services such as web conferencing and teleconferencing that facilitate international meetings

-International trade agreements such as the North American Free Trade Agreement (NAFTA)

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Factors that influence international trade

World trade has grown substantially in the la...

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