WORLD HISTORY

Detailed explanation-1: -The Romans made trade as easy as possible. There was only one currency used and there were no complicating customs dues. Trade was also encouraged by many years of peace within the Empire. Trade was vital to the success of the Empire.

Detailed explanation-2: -By the 1st century, the provinces of the Roman Empire were trading huge volumes of commodities to one another via sea routes. There was an increasing tendency for specialization, particularly in manufacturing, agriculture and mining.

Detailed explanation-3: -In addition, trade was an essential component of the Roman economy, with both local consumption and regional exchanges taking place. This reliance on agriculture and trade led to a level of urbanization in the Roman Empire that would not be matched until the early modern European era.

Detailed explanation-4: -A mix of state control and a free market approach ensured goods produced in one location could be exported far and wide. Cereals, wine and olive oil, in particular, were exported in huge quantities whilst in the other direction came significant imports of precious metals, marble, and spices.