Traders need tools to carry out their business. The Museum has a new exhibit called Trading Goods and Tools that shows the technology that people have used to buy and sell things for millennia. The exhibit features a number of objects, including clay tokens that were used by people for 7,000 years to record transactions, and the first organized stock market, which opened in Antwerp in 1531. Find out

Best Trading Goods and Tools for Daily Traders

A big reason why trade is important, Leibovici said, is that it helps countries acquire goods they can’t produce on their own. For example, a country that lacks the right type of land or climate to grow certain crops would need to trade for them. It also helps share risk, he added. If a disaster disrupts production of critical goods, like medical supplies, a country can acquire them from its trading partners.

The Better Trade Tool provides users with increased visibility into global supply chains by combining ILAB’s research on countries and goods identified as higher risk for labor exploitation with U.S. import trade data based on Harmonized Tariff Schedule classifications. Users can select a country, good, and type of labor exploitation from the dropdown menus to view results. The Better Trade Tool empowers users to make informed decisions about their compliance, sourcing, and supply chain priorities.