How many borders are closed for trades due to fear and insecurity?

How many borders are closed for trades due to fear and insecurity?

The current world is a very interconnected place. Countries trade with other countries, selling them the surplus of goods they produce and buying goods they don’t have in sufficient quantities. International trade encourages countries to specialize in producing only those goods and services which they can produce with the most efficiency at the lowest cost. It also makes it harder for domestic monopolies to thrive, because they face competition from foreign companies. Almost all economists agree that international trading is beneficial for all participants. But still, some countries are restricted from trading for various reasons. In this article we’ll try to understand the restrictions that many countries face, and how they can overcome them, using blockchain solutions.