December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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8 International Business
considerably on travel time. There has also been an increase in the share of cargo travelling by air as a
result of improvements in air travel.
Widespread containerization in the 1970s and 1980s has resulted in a four-fold growth of the world’s
container eet, reecting growth in international trade as a result of the use of improvement in the
modes of transporting goods across the world. The use of containerised transport has helped to reduce
time, labor and cost in moving goods from one part of the world to another. The modern container indus-
try was born as a result of a war surplus oil tanker moving ...
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