Backbone of the World Economy
Blog#9 Trade Routes, Straits and Channels Abstracts: The high-volume businesses of goods and services all around the world between countries and continents happening are mainly transported through two modes, i.e. airways (using cargo planes, helicopters or any other aircraft) and waterways (using ships). A waterway transports the goods at a cheaper rate in comparison to that of the airways. These ships undergo through fixed trade routes from a country to other. These routes contain various channels (like straits and canals). Hence, trade routes and channels are important for businesses all around the world. We will discuss about in this article. Introduction: Trade Routes Trade routes are a logistic network which is identified as a series of pathways a