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Gwar [14]
2 years ago
11

The World Trade Organization introduced a standardized shipping container. What effect did the introduction of this container ha

ve on international trade? (7 points)
History
1 answer:
lesantik [10]2 years ago
7 0

Since standardized shipping containers were easier to move between ships, trucks, and trains, the logistical process got simplified. This started a revolution in cargo transportation and international trade.

Globalization´s level of economic integration and trade could not have been without a standardized shipping container. Outsourcing and off-shoring of big manufacturing enterprises in developing economies were only possible because of the container.

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