Building an IB Vocabulary. The Development of International Trade. International Interdependence.
Early Trade: • As far back as 3000 years ago civilizations traded with each other. • The Roman Empire built extensive trade routes across the then-known world. Stage 1: Colonial Development.
Stage 2: Developing North South Trade. Stage 3: Expanding International horizons. Advantages and Disadvantages of International Trade.
Barriers to International Trade. The Challenge for Government.