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In history class I learned that the triangular trade traded slaves, beans, cattle, crops, and a lot more things i cannot remember. sorry but i learned this back in 2009 and i have very, i mean very bad memory.
-a student
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∙ 12y ago
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When more goods are exported than imported the trade balance is said to be?
favorable
What did England export during the triangular trade?
England exported slaves, rum, and (sugar) molasses.
What is a tarrif?
A tariff is a duty imposed on goods when they are moved across a political boundary. They are usually associated with protectionism, the economic policy of restraining trade between nations. For political reasons, tariffs are usually imposed on imported goods, although they may also be imposed on exported goods.
What factor was necessary to maintain a favorable balance of trade in the 1600s and 1700s?
they exported more than they imported
Where did finished goods in the triangular trade?
they traded their clouth for a teritory
When more goods are exported than imported the trade balance is said to be?
favorable
How does Canada's location affect trade in North America?
Probably, the answer is that it limits how many goods can be imported or exported
What was the name for the process by which slaves were imported to the Americas to produce goods that were sent back to Europe as exports?
the triangular trade
African crop exported during triangular trade?
schwab
Difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
What is the real difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
What goods did colonial Maryland trade?
some items that Maryland imported were tea and sugar. some items Maryland exported were iron, lumber, fish, and tobacco.
What product did New Englanders export as part of the triangular trade?
New Englanders exported Tobacco as part as the triangular trade.
How do you Describe every aspect of religion of the triangular trade?
There was no religion in the triangular trade. It was a shipping of goods and slaves.
What did Alexandria have to trade?
Alexandria exported goods such as wheat and papyrus.
The triangular trade was an example of trading some good for other good is the name generally you used for this kind of trade is?
The triangular trade was a historical trading system where goods (such as slaves, sugar, and rum) were exchanged between Europe, Africa, and the Americas. This type of trade is commonly known as a "triangular trade" due to the triangular route taken by ships moving between the three continents.
What did England export during the triangular trade?
England exported slaves, rum, and (sugar) molasses.
