April 10

From a value of some $57 billion in 1947, world trade skyrocketed to about $16 trillion in 2009. Goods from every part of the globe were stocked in shelves of department stores and supermarkets around the world. In more than 100 countries, twinings of London marketed its 120 blends of tea, and in 180 countries the Australian based Kiwi shoe polish was sold. Components from China were reportedly included in about 70  percent of Walmart products in 2005. With manufacturing facilities in at least eighteen countries, Toyota replaced General Motors as the world's largest automaker the following year. In developing countries, tax breaks, cheap labor, and looser environments were taken advantage of from companies in rich counties after 1960.