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What nation had begun discussing establishment of trade with the us in 1846?
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How did trade strengthened the Maya Civilization?
As the trade increased villages grew. By about AD 200, the Maya had begun to build large cities in Mesoamerica.
How does trade influence culture?
* Immigration increases as trade increases. * International tourism increases. * A nation imports other cultures with imported goods. * A nation exports its culture with its products.
Which shows the importtance the mongls placed on improving trade contacts with other civilization?
the establishment of caravan routes
What nation controlled little of the trade that was allowed in China?
England
What nation established a profitable fur trade in the new world?
Canada
This Nation dominated slave trade?
The British were the dominant nation of the slave trade.
How is trade deficit and trade surplus similar?
They're actually the same thing: Nation A sells a higher value of goods to Nation B than Nation B sells to Nation A. Whether you're looking at a trade deficit or trade surplus depends on if you're Nation A or Nation B.
What was The result of Portugal's establishment of trade routes in the east?
help me!
What was a major result of the spice trade?
the establishment of European empires
Which was a major result of the spice trade?
The establishment of European empires
Internal vs external trade?
internal trade- trade which is done within the boundaries of a nation or a country is internal trade external trade-trade which is done with other countries or nation is external trade by divya kalra
What is the difference in value between what a nation imports and what it exports over time?
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
When the value of a nation imports exceeds the value of that nations exports the nation is said to have?
When nation's value of imports exceeds the value of its exports, it can be said that the nation has a trade deficit.
What is the term for expanding control over countries for trade and establishment of colonies?
Colonization
For a nation to prosper it must?
Trade
Why a nation can have a favorable balance of trade and a unfavorable balance of payment?
it shows up as a trade deficit with the soncumer-goods-exporting nation.
Who gains more from trade when nations are of unequal economic size?
If one nation is significantly larger than the other, the larger nation attains fewer gains from trade, while the smaller nation captures most of the gains from trade.
