What are the three reasons given for why trade has increased dramatically?

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2026-05-21 01:35

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Trade has increased dramatically due to advancements in technology, which have improved communication and logistics, making it easier to connect markets globally. Additionally, the reduction of trade barriers and tariffs through agreements and globalization has facilitated smoother exchanges between countries. Lastly, the rise of multinational corporations has expanded the scale and scope of trade, as these companies seek to optimize production and reach new markets.

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