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Which country do you think would have the best chance in meeting their economic goals from expanding trade with the US?
japan, china, mexico, canada
Which country do you think would increase its success more in meeting the economic goals from expanding trade with the US?
I think the middle East because of oil. Japan Good/trades are cars. such as: Honda,Nissan,electronics, Mexico trade is crops ,chlie and corn. China and Canada.
What are the trade barriers that Mattel toy company might encounter in expanding to Mexico?
None really; thanks to the North American Free Trade Agreement (NAFTA), Mattel wouldn't encounter any trade barrier when expanding to Mexico.
What economic advantage did songhai gain by expanding north?
Songhai gained access to important trade routes, such as the Trans-Saharan trade route, by expanding north. This allowed them to control and profit from the trade of gold, salt, and other commodities. Additionally, they were able to establish alliances with other powerful kingdoms in the region, strengthening their political and economic influence.
What are some trade-offs among social and economic goals?
•economic freedom and economic security, economic growth and economic equity, price stability and full employment. •
What are eight widely economic goals for the US?
Eight widely accepted economic goals of the United States are economic growth, full employment, economic efficiency, price stability, economic freedom, equitable distribution of income, economic security, and balance of international trade.
What is the economic theory that a nation became strong by expanding trade finding gold and setting up colonies?
Mercantilism Skinny Pimp
Which term defines the belief that a nations strength is derived from building up at gold supplies and expanding trade?
The term that defines this belief is "mercantilism." Mercantilism is an economic theory that advocates for a nation's strength through accumulating precious metals like gold and silver, while also promoting exports over imports to enhance trade balance. This approach emphasizes the importance of a favorable trade surplus and government regulation to achieve national economic goals.
How did economic goals of countries change as nationalist sentiment's grew?
Competition for land, trade, and industry increased
What was the North American free trade agreement?
It united Mexico and Canada in economic opposition to the United States.
What economic advantage did Songhai game by expanding its territory to the north?
Expanding north allowed Songhai to gain control of valuable trade routes in the trans-Saharan trade, enabling the empire to increase its wealth through taxation of trade goods such as gold, salt, and enslaved people. It also allowed access to new resources and territories for agricultural production, further boosting the empire's economic power and influence in the region.
How did economic goals for countries change as nationalist sentiments grew?
Competition for land, trade, and industry increased
