The late 1990s offer a good illustration of how trade theory works in the real world. The volume of trade increased rapidly, owing partly to NAFTA in 1994 and the establishment in 1995 of the World Trade Organization as the successor to the General Agreement on Tariffs and Trade.
20世纪90年代末很好地说明了贸易理论在现实世界中的作用。贸易量迅速增长，部分是因为1994年签署了NAFTA和1995年成立世界贸易组织取代关贸总协定。