While the world was fairly integrated at the turn of the last century,most trade was in agricultural and raw materials,whereas today manufactured consumer and producer goods play a much greater role in determining exports and imports.

Question

Quizplus · Accepted Answer

This statement is true. At the turn of the last century, trade was largely focused on agricultural and raw materials, whereas today trade is dominated by manufactured consumer and producer goods.

While the World Was Fairly Integrated at the Turn of the Last