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How did the Louisiana purchase help the us with being able to ship out goods out of the country?
Wiki User
∙ 13y ago
Im preatty sure that the river was busy and people wanted the goods i don't know the whole thing im only 12 :)
Wiki User
∙ 13y ago
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When in this country you are expected to negotiate the price of goods you wish to purchase?
India
How does trade affect production and consumption in each country?
Goods are produced to make money. If people want the goods and can afford them, they will purchase these goods and this will cause the producer to make more of these goods.
What effects does foreign exchange rate fluctuations have on importers?
If the exchange rate for a country goes up then the trading country will have to pay more to purchase goods from that country. If the exchange rate goes down then the trading country will have to pay less to purchase goods from that country.Conversely, if the exchange rate goes up for a country then it has strong purchasing power in that it can purchase goods from the trading country at a cheaper price. If the exchange rate goes down then it will have to pay more to purchase goods from their trading partners.For example, currently, because the UK has a strong pound against the US dollar, it makes our exports expensive to purchase by the US; however, we are able to purchase their goods relatively cheaply (property, holidays etc); conversely, the pound has weakened against the Euro thereby making our European holidays more expensive; however it makes it cheaper for the Europeans to come to the UK.
Why did farmers have to pay for using the port at new Orleans before the Louisiana purchase?
Farmers had to pay for using the port at New Orleans before the Louisiana Purchase because it was controlled by Spain. Spain, which had acquired the Louisiana Territory from France, required farmers to pay tariffs and fees to use the port for trading their goods.
Can congress tax goods from a state that are being exported even though they are from a foreign country?
This is not true. Congress can not tax goods from a state that are being exported even though they are from a foreign country.
How is a country economic well being enhanced through free international trade in goods and services?
how is country's economic well being enhanced through free international trade in goods and services
Where did Chicago's Orleans Street get its name?
The word or name "Orleans" is French in origin. Chicago, being a hub for goods coming in from evey direction, including areas of the Louisiana Purchase and Canada meant that the people of French ancestry had an influence on the area. Orleans is also the name of a city in France. It is doubtful that it had anything to do with New Orleans, in Louisiana.
What does export and inport mean?
Export - selling goods out of the country/region (for example a country produces metal structures and sells them to the neighboring country) Import - purchasing goods in (for example a country needs to purchase grain because their own produce does not cover the needs)
What is the journal entry for purchasing goods on credit?
Purchase a/c Dr Input vat a/c Dr To Party a/c (Being goods purchased on credit from supplier/creditor.)
What was the mercantilism system which was imposed on American colonists by Britain?
Colonists ship raw materials to the mother country and purchase manufactured goods from the mother country.
What was the mercantile systems which was imposed on American colonists by Britain?
Colonists ship raw materials to the mother country and purchase manufactured goods from the mother country.
Why was the Louisiana Purchase so important and who did we purchase it from?
The US purchased the Louisiana purchase from the king of France. At first, the president only wanted the port of New Orleans so America could ship goods faster, but the king offered ALL of Lousisiana for a smaller price! This great deal doubled the size of the united states and gave the president the idea of starting the Louis and Clark Expodision.
