
Transatlantic trade
Transatlantic trade refers to the exchange of goods, services, and investments between Europe and North America. Historically, it involved ships transporting commodities like textiles, food, and raw materials across the Atlantic Ocean. Today, it encompasses a wide range of economic activities, supported by international agreements and technological advances that enable faster, more efficient commerce. This trade fosters economic growth, job creation, and cultural connections between the continents. While it benefits economies globally, it also requires careful regulation to address issues like trade deficits and environmental impacts.