International Business: The New Realities, 5th Edition

Endnotes

1. 1. This discussion is based on Lawrence Beer, Tracing the Roots of Globalization and Business Principles (New York: Business Expert Press, 2011).

2. 2. The word trade comes from the Anglo-Saxon term trata, which means “to walk in the footsteps of others.” Ancient trade routes were the foundation for a high level of cross-cultural exchange of ideas that led to the development of religion, science, economic activity, and government. The phrase “all roads lead to Rome” is not so much a metaphorical reference to Rome’s dominance of the world 2,000 years ago but to the fact that Rome’s territorial colonies were constructed as commercial resource centers to serve the needs of the Roman Empire and increase its wealth. In an empire that stretched ...