More than half of the world's trade is?

More than half of the world's trade is between developed and developing countries. Trade refers to the exchange of goods and services between countries. Developed countries are those that have advanced economies with high levels of industrialization, while developing countries are those that are still in the process of developing their economies. According to the World Trade Organization, more than half of the world's trade is between developed and developing countries. This is because developed countries often have a higher demand for goods and services than they can produce domestically, while developing countries often have lower production costs and can offer cheaper goods and services. Additionally, trade between developed and developing countries can help to spur economic growth and development in the developing countries, as well as provide access to new markets and opportunities for businesses in developed countries. Therefore, more than half of the world's trade is between developed and developing countries.