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A century ago, most British imports came from relatively distant locations: North America, Latin America, and Asia. Today, most British imports come from other European countries. How does this fit in with the changing types of goods that make up world trade?

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A century ago, most British imports came from relatively distant locations: North America, Latin America, and Asia. Today, most British imports come from other European countries. How does this fit in with the changing types of goods that make up world trade?

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It fits in perfectly with the changing types of goods that make up world trade. When we look at world trade, we see very few countries that today import and/or export the same goods that they did centuries ago. Over the century, as each area changed in technology with various countries, the countries began to make better use of the technology. As a result, each ...

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