International trade

From MareWiki
Jump to: navigation, search

History

Historical trade routes

Historical trade was limited by the necessity of trading ships to move litorally. Until sufficient technology was developed that could allow cross-Oceanic journeys, trade had to move by coasts. The parts of the world which linked continents by very short distances, or which were major stops on littoral routes, therefore became powerful trading hubs. Trade between Alisna and Wilassia has been dated to around 1500BC, and general commerce between Leucia and Alisna at around 800BC. The first regular commercial journeys between Alqosia and Wilassia began only in the 16th-17th century, and until that time, goods had to travel across the already established routes.

By moving across the littoral areas of the world, it was possible for people in antiquity to purchase goods originating from the other side of the world, even though the Maredoratic basin would not be crossed until the 15th-century. Coins from southeast Wilassia dated from before 0BC can be found in Sondstead and Questers and as far afield as Van Luxemburg. Northern Alqosian and Leucian trade was much more prominent in western Alisna, and artefacts from the era before 0BC are relatively common in Morieux and Van Luxemburg. In particular, spice from both Alqosia and Wilassia was commonly sought after in Alisna, whereas Alisnan iron weapons and other iron goods constituted the bulk of exports to those regions.

Institutions

Most traded goods

International trade

The largest trading countries on earth, measured by the value of their trade compared to international trade, are Morieux and Prekonate by a significant margin; the value of Prekovi and Morivaine trade is around 12.3% and 11.9% of total world trade respectively. Jungastia, Pollona, Ruccola and Van Luxemburg contribute about 7 to 8% each. Questers and Taihei Tengoku each contribute around 5%.

On the whole, international trade constitutes more than 60% of global GDP. In terms of trade as a proportion of national income, the only countries in the world for whom trade is less than half of national income are Schaumburg and Silgadin. Alqosian countries have high trade ratios due to entrepot and logistics economies.

The largest exporter is Prekonate with a current account of approximately $480 billion; other major exporters include Van Luxemburg, Sondstead, Varnia, and Ruccola. Major importers are Questers and Morieux, each with current accounts below -$300 billion; Pollona and Galla are also significant importers.

See also