International Trade Theory of Hyper-Globalization and Hyper-Information Flow Conceived

Abstract

A new trade theory, “International Trade Theory of Hyper-Globalization and Hyper-Information Flow,” has been proffered in this paper, which elaborates on the vast globalization concept and the vast information flow that exist today. Many international trade theories that are known today were developed many years ago, and newer ones are more relevant in today’s era of globalization in unprecedented information flow. How was this new theory conceived? Beginning with the barter system of trade, which was around for thousands of years, this paper briefly describes the theory of mercantilism through the theory of national advantage, but then discusses the “paradigm shifters”: A) “Fall of Communism” and the B) “Birth of the Internet,” to which the birth of a new international trade theory is conceived: “International Trade Theory of Hyper-Globalization and HyperInformation Flow.”