Title: Why is trade so important to the world today? - Quora
Headings: Why is trade so important to the world today?
Why is trade so important to the world today?
Anonymous

Content: Angel Lam
, Communications at World Bank Group
Answered 3 years ago · Author has 137 answers and 893.5K answer views
Trade is important because all countries have limited resources to respond to their people's needs. So countries trade with one another to complete each other's needs. It became more important to the world today because the needs have since not just evolved, but also increased. People desire more. As trading in the traditional sense such as barter was phased out, trading by way of doing business and transacting with real money kicked in. All these businesses create employments that in turn keeps the peoples' needs growing, and become useful diplomacy tools for countries to establish and maintain
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Trade is important because all countries have limited resources to respond to their people's needs. So countries trade with one another to complete each other's needs. It became more important to the world today because the needs have since not just evolved, but also increased. People desire more. As trading in the traditional sense such as barter was phased out, trading by way of doing business and transacting with real money kicked in.