The evolution of trade into the form we see today reflects three events: the collapse of feudal society,the emergence of the mercantilist philosophy,and:
A)The Great Depression
B)The establishment of ancient international trade routes
C)The dot.com bust
D)The life cycle of the colonial systems of the European nation-states
E)The emergence a service-centered society

Question

Quizplus · Accepted Answer

The collapse of feudal society led to the emergence of the nation-state system, which in turn led to the colonization of distant lands. This gave rise to colonial systems of trade, which transformed into global trade as the colonial powers declined. Therefore, the life cycle of the colonial systems of European nation-states is the key event that led to the evolution of trade as we see it today.

The Evolution of Trade into the Form We See Today