International trade is the most ancient form of international economic relations. The well-known American economist William Bernstein writes in his book The Magnificent Exchange that trade interests worked wonders: they discovered new lands and continents, helped to conquer and destroy empires, and built bridges between peoples and civilizations. It was the development of international trade that led to the emergence of the world market in the middle of the 19th century, it was this form of international economic relations that was one of the driving forces of globalization, which, on the one hand, brought countries closer, and on the other, made them interdependent and vulnerable.

International trade is the most ancient form of international economic relations. The well-known American economist William Bernstein writes in his book The Magnificent Exchange that trade interests worked wonders: they discovered new lands and continents, helped to conquer and destroy empires, and built bridges between peoples and civilizations. It was the development of international trade that led to the emergence of the world market in the middle of the 19th century, it was this form of international economic relations that was one of the driving forces of globalization, which, on the one hand, brought countries closer, and on the other, made them interdependent and vulnerable.