Today, cross-border trade in services accounts for 20 per cent of world trade. One indicator of the growing economic integration between different countries is that world trade is expanding faster than global output measured by GDP (slide 2). This has been the case without any interruption since the Second World War. Compared to other industrial countries, the Danish economy has enjoyed double globalisation gains.
Denmark's export-oriented economy has profited from the general expansion of international trade,  BIS Review 44/2007  1  and Denmark has also benefited from its improved terms of trade. Many Danish companies have succeeded in selling their products at ever-higher prices, while import prices have stagnated.