I am agreeing with the statement. As we know that the world is more connected now, the transportation has become easy and convenient. Hence product used in one country can be obtained in another country. The need and want of the population is increasing because of increase in purchase power and easy communication means, and second thing is that the nature has given each country some specialties. For an example some country is good in agriculture but poor in production and other countries have poor agriculture but their production industry is very good. So to balance the demand and supply countries do export and import relations. The country like India, China, Bangladesh needs petroleum substances and have agricultural products in excess and the county like Saudi Arabia, Iran have huge petroleum substances in excess but lack of agricultural products. So these countries balance their need. India completes his need with Saudi and Saudi with India.
Because of Ecommerce the worlds has become integrated in terms of business. An American people can buy specialized product from India, China, Russia or any country of the world and other country people can purchase from America. Means any one can purchase from anywhere because of technological revolutions.
So country has need and wants in one hand and because of easiness in supply the world trade is increasing.
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