The rebirth of distance – impact of rising fuel costs on trade

by Dave

livemint.com
A lot will depend on what is being moved. Trade in low-value items that are moved across great distances will be hit the most. More valuable goods will be less affected by rising transport costs. And the movement of voice and data beamed across wires and satellites will not suffer at all; the Indian outsourcing industry is safe from this particular quake.

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