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What is the relationship between the development of trade and the development of technology?

User Neeku
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The relationship between the development of trade and the development of technology is parallel developing hand in hand together. Through technology, trade increased and become more frequent and due to trade knowledge and culture was spread and assimilated into other and thus the exchange of knowledge development new ways to improve technology.
Step-by-step explanation:
Trade is often a key think about economic development. The prudent use of trade will boost a country's development and make absolute gains for the commercialism partners concerned. Trade has been touted as a very important tool within the path to development by distinguished economists, However, by introducing over one production issue, that area unit used
in different proportions within the production of various merchandise, the reallocation of
production thanks to international trade ends up in a reallocation of domestic financial gain in
this economy.so trade will increase development they have a direct relationship.
User Hafsa Mushtaq
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The relationship of the development of trade and development of technology is parallel developing hand in hand together. Through technology trade increased and become more frequent and due to trade knowledge and culture was spread and assimilated to other and thus the exchange of knowledge development new ways to improve technology.
User Lynden Noye
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6.9k points