RELATIONSHIP BETWEEN GOODS TRADE ECONOMY AND SERVICE-ORIENTED TRADE ECONOMY. Kang Zexiang, Michel Plaisent, Bernard, P., & Ming-Hsun, J. Review Of Research, June, 2014.
RELATIONSHIP BETWEEN GOODS TRADE ECONOMY AND SERVICE-ORIENTED TRADE ECONOMY [pdf]Paper  abstract   bibtex   
In the late 1960's, international trade of goods has branched into goods trade and service-oriented trade giving rise to the two types of trade and economy that we now have. With the passage of time, service-oriented trade has surpassed goods trade both in volume and speed of transaction. In service-oriented trade, its unique production entity which involves human resources, is the decisive factor for determining its comparative advantage. The level of service knowledge and technical content are the basis for its comparative advantage.

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