International Logictics Essay Example | Topics and Well Written Essays - 1500 words

International Logictics - Essay Example World trade has been increasing at an average rate of six percent for the last 20 years, which is twice the rate of world output. The integration of the world economy with the help of trade has lifted the living standards of the people within these developing nations, which is a positive sign. However for the trade to occur in the first place, it is very significant to understand what goes behind to actually make supply chain management possible. Transportation of goods holds the key in this scenario. Also, sustained and consistent economic growth requires policies that can open trade and investment with the rest of the world. There is proof to it and it is that there has not been a single nation that has achieved economic stability without being open to the world for trade. International trade requires liberalization, i.e., openness to all and sundry within the world no matter what. The living standards are in direct proportion with them. Transportation holds the significance for connection between the channel members at the trading level as it swifts up the whole process of delivering goods from the manufacturer to the distributor who in turn does his best to provide the retailer with the goods after he stores the same for a while. In the end, at certain instances the retailers also give customers with the goods and products that they want through transportation service. There is a high need to promote and liberalize the manner in which trade is carried out within the world eco nomy. It needs to be more generous to everyone and anyone as well as helpful for the developing nations so that more and more trade is carried out between the economic world markets. Agriculture is one such example of being more liberal for the international trade market. Trade liberalization proves very helpful for any country’s economy but it encompasses within itself some negative factors like the increased food