Greetings, This paper is about “The Correlation of the Periodical Change of Industrial Revolutions and Trade Frictions”. Specifically, along the course of an Industrial revolution, at which point, none or only a few light/small trade frictions with relatively small economic impact existed; at which point, a lot of trade frictions emerged combined with the outbreak of many serious or mega trade frictions or even trade wars. Is there any traceable tendency of trade frictions while the industrial revolution was going on?You should focus on the first and the second industrial revolution. For each industrial revolution, you should use trade frictions happened in this period as examples to analysis the correlated relationship between the periodical change of industrial revolution and trade frictions, specifically, what are the impacts to the world economy and different countries as the results of the industrial revolution and the correlated trade frictions. A chart is required to illustrate your point of view and a general conclusion should be given at the end of this paper after the analysis. You can use any economic / trade theories if necessary. Please make sure all outside sources are properly cited in APA format and a minimum of 5 references are required. The paper should be no less than 5 pages (not including the cover and reference page), single spaced.
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