Abstract:
With the growing development in communication technology and increased fragmentation of
production process, services that were once considered non-tradable can now be traded across
different nations. In this respect, trading countries located in different time zones of the world with
non-overlapping working hours are able to develop a comparative advantage together for the
supply of these services. Disintegrating the production of a service across different time zones
can allow the production to be completed efficiently and make the product available in the market
meeting consumer demand in a timely fashion. In this paper, we have reviewed some of important
research that has been conducted in the area of time zone differences and trade. This type of
trade further affects the factor market and production patterns of the involved countries and has
also been significant for their growth and welfare
