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This is a timeline of the history of international trade which chronicles notable events that have affected the trade between various countries.. In the era before the rise of the nation state, the term 'international' trade cannot be literally applied, but simply means trade over long distances; the sort of movement in goods which would represent international trade in the modern world.
Economic growth spread to all regions of the world during the twentieth century, when world GDP per capita quintupled. The highest growth occurred in the 1960s during post-war reconstruction. In particular, shipping containers revolutionized trade in the second half of the century, by making it cheaper to transport goods, especially ...
However, the amount of merchant goods that were produced for the merchandise trade grew. The trade in services also grew more important in the 20th compared to the 19th century. The last point that distinguishes the global trade in the 19th century compared to the global trade in the 20th century, is the extent of multinational cooperation.
The United States pursued a protectionist policy from the beginning of the 19th century until the middle of the 20th century. Between 1861 and 1933, they had one of the highest average tariff rates on manufactured imports in the world. After 1942, the U.S. began to promote worldwide free trade.
Britain's repeal in 1846 of the tariff on food imports, called the Corn Laws, marked a major turning point that made free trade the national policy of Great Britain into the 20th century. Repeal demonstrated the power of "Manchester-school" industrial interests over protectionist agricultural interests.
1801 – Paris, France – Second Exposition (1801). After the success of the exposition of 1798 a series of expositions for French manufacturing followed (1801, 1802, 1806, 1819, 1823, 1827, 1834, 1844 and 1849) until the first properly international (or universal) exposition in France in 1855.
Railroads reached their maturity in the early 20th century, as trains carried the bulk of land freight and passenger traffic in the industrialized countries of the world. By the mid-20th century, however, they had lost their preeminent position.
May 31: Establishment of 20th Century Fox. March 21: Reza Shah of Iran asks the international community to formally adopt the name "Iran" to refer to the country, instead of the name "Persia". June 12: Chaco War ends. September 15: Enactment of the Nuremberg racial laws. October 3: The Second Italo-Ethiopian War begins and goes until February 1937.