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The Triangle Trade System was used from 1680 until the late 1800s.
THe Columbian Exchange is the Globla Trade LOOK IT UP!
positive balance of trade.
Supplies of slaves increased
8 to 10 weeks
money, food, and other things they had.
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
Products of the Triangle Trade System were sugar, molasses, rum, tobacco, different animals, and other things.
Atlantic triangle is known as triangle trade. Triangle trade is the trade of slaves and rum.
It became positive and grew exponentially. From a small negative balance of USD 1.66 billion in 1993 (bilateral trade amounted for 81.49 billion), nowadays it has a positive trade balance of 54.45 billion, and bilateral trade is 506.61 billion.
We can see how other countries are developing,also we can trade inside borders with a positive outcome. :)
Positive: Cultural diffusion between Africa, India, The Middle East, and Europe. Negative: Depleted Natural resources of the area
Positive aspects of international trade include access to products unavailable locally and the ability to sell local items to customers in other countries, which increases GDP. Negative aspects include dependency on foreign products and communication difficulties.
The growth in trade might have affected the life of an ordinary person in Europe in either a positive or negative way. It could be negative because you would have to rely on people in Africa and Asia for your goods. But, it could be positive because as trade increased, towns along major trade routes held trade fairs and became important business centers.
One of the positive aspects of international trading is that is boosts incomes and creates job. One of the disadvantages of international trade is that the labor standards in other countries are lower than that of the US.
Trade triangle is the historical term telling the trade among three ports or regions. The trade triangle usually evolves when a region has export commodities.
Colonies got financial aid, but had to endure trade restrictions