Madalynn Bush
Zhu
History 101
2 May 2020
International trade has been around for a long time, to where we have three different
cycles of it. International trade has brought massive gains to several countries around the world.
Along with helping spread many things like technology, enhanced, raised productivity,
competitiveness, and gave consumers several choices. These potential gains that countries have
received from trade have motivated them to negotiate for trade relations and explore new trade
opportunities aggressively. For example, there was a study that was carried out by the World
Trade Organization (WTO) (2008), “for the period 1950-2007 shows that export increased by 2.7
