Cities of Trade
May 22, 2014
The LT Cortesia container ship is unloaded at the Evergreen terminal of the Port of Los Angeles in San Pedro, California. Photo Credit: Patrick T. Fallon/Bloomberg
The exchange of goods and services across borders is fundamentally tied to the health of a nation’s economy. Cities, which have historically served as centers of trade, are playing an increasingly vital role in the manufacture and distribution of merchandise goods. With the world’s urban population slated to nearly double over the course of the next half-century, metropolitan areas will likely continue to play an integral part in global trade.