ASK fi ve economists what global trade patterns will look like in 20 years and you are likely to get fi ve very different answers, maybe more. What is clear, however, is that global trade fl ows are on the verge of some major change.

Trade, by its nature, is about the movement of goods and services. Examples of trade across borders date back to around 5,000 years ago. Singapore played an important role in the expanding trade relationship between Britain and China in the second half of the 18th century as a port of call. And that contributed to the reputation of Singapore as a global trading hub it is today.

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