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For mankind...

...trade was a true revolution in the way of thinking about managing his resources. In the beginning, man was content to live by what he could produce or make on his land. This was followed by barter and exchange systems which gave birth to the idea of currency – first in the form of written promises and subsequently as coinage.



Depending on...

...the community, different measures were used but it was only at the beginning of the eleventh century that trade really took off in Europe, following the first ever free trade agreement - between Venice and the Byzantine Empire. This was one of the first major symbols of free trade, embodied and globalised many years later by the signing of the GATT agreement in 1947 and the creation of the World Trade Organisation in 1996.