0
How is a mother country benefited from the trading links with its colonial countries?
Wiki User
∙ 9y ago
The other colonial countries are exporting goods from each other so everytime they get goods from other countries, they're basically returning the favor of goods.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What principle states that each country would specialize in the production and export of goods that it could produce more cheaply than any of its trading partners?
comparitive advantage more goods are produced in the trading countries, and the wealth of the countries
What is trading in country and trading with country?
Trading in country means that the exchange of goods and services takes place within one given country. Trading with country on the other hand means you exchange goods and services with a different country.
What benefits do countries get from trading with other countries?
By trading it gives people more job opportunities
What is the difference between Free trade and protectionism?
Free trade is when a country specializes in one or two areas of goods or service and allows a trade with other country or countries that specializes in different area while protectionism is when a country decides to restrict to its domestic production and stop trading with other countries.
How are some ways countries benefit from voluntary trading with each other?
There are benefits to voluntary trading between countries. This can lead to financial success for both countries in various products, as well as giving both countries an ally.
Which European country countries had the most trading posts in India?
Portugal and England
What positive things that happened on the silk road?
The positive thing that happened on the Silk Road was that it was a use for trading. It benfited China by giviing them a wider knowldge of the countries around them. It also benefited other coutries by their trading. They could learn more about the countries around them and their cultures, customs, religions, and languages.
The passage of british restrictions on trade encouraged colonial merchants to?
find ways to smuggle and otherwise evade the law by trading with other countries.
What was fish used for in colonial Massachusetts?
Trading
What is the best country in the world for coal trading?
The best country in the world for coal trading and production is currently China. The following countries are high up on the list for coal production; Australia, USA and Russia.
What principle states that each country would specialize in the production and export of goods that it could produce more cheaply than any of its trading partners?
comparitive advantage more goods are produced in the trading countries, and the wealth of the countries
What is trading in country and trading with country?
Trading in country means that the exchange of goods and services takes place within one given country. Trading with country on the other hand means you exchange goods and services with a different country.
Do countries get benefits from trading with other countries?
By trading it gives people more job opportunities
What benefits do countries get from trading with other countries?
By trading it gives people more job opportunities
This country has trading colonies in the Mediterranean?
what country had trading colonies in the mediterranean
What were colonial New Yorks leading trading centers?
i am not sure
What trading products came from Colonial North Carolina?
tobacco
