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Irina-Kira [14]
3 years ago
9

Inventions like trains, automobiles, and intermodal shipping have revolutionized the way we transport goods. How do new innovati

ons in transportation affect the time and the cost of trading?
History
2 answers:
anastassius [24]3 years ago
8 0

Answer:

Changes in transportation have decreased the amount of time it takes to trade goods around the world. Early transportation methods required goods to be shipped slowly by land or by sea, and products could take months or years to travel around the world. Later transportation methods could also make shipping more efficient by allowing products to be traded in convenient ways. Intermodal shipping allows goods to be shipped in containers that can easily switch between different forms of transport. As a result, the cost of shipping has decreased greatly, making importing and exporting more worthwhile.

Explanation:i took the quiz and made a 100%

SCORPION-xisa [38]3 years ago
6 0
They reduce the time (by making it faster) and reduce the cost of trading (by making it efficient).
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Im not sure how well this use of the information will help you but,

Source: "<em>In February 1962, President John F. Kennedy proclaimed an embargo on trade between the United States and Cuba, in response to certain actions taken by the Cuban government and directed the Department of Commerce and the Treasury to implement the embargo, which remains in place today. In February 1962, President John F. Kennedy proclaimed an embargo on trade between the United States and Cuba, in response to certain actions taken by the Cuban Government, and directed the Departments of Commerce and the Treasury to implement the embargo, which remains in place today. Beyond criticisms of human rights in Cuba, the United States holds $6 billion worth of financial claims against the Cuban government. The pro-embargo position is that the U.S. embargo is, in part, an appropriate response to these unaddressed claims."</em>

Paraphrasing - In February 1962, President John F. Kennedy announced an Associate in Nursing embargo on trade between  U. S. and Cuba, in response to sure actions taken by the Cuban government, and directed the Department of Commerce and therefore the Treasury to implement the embargo. In February 1962, President John F. Kennedy announced an Associate in Nursing embargo on trade between u. s. and Cuba, in response to sure actions taken by the Cuban government, and directed the Department of Commerce and therefore the Treasury to implement the embargo, that remains in situ these days. on the far side of criticisms of human rights in Cuba, the U.S. holds a $6 billion value of economic claims against the Cuban government. The pro-embargo position is that the U.S. embargo is, in part, Associate in Nursing applicable response to those unaddressed claims.

Explanation:

The "source" is the information where i got it from and the "paraphrased" part is fully rewritten, ps sorry if it's a bit long and wordy! hope this helps have a great day :)

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