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Who described the English as a nation of shop keepers?
The phrase "a nation of shopkeepers" is commonly attributed to French Emperor Napoleon Bonaparte, who used it to mock England's focus on trade and commerce rather than military prowess.
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 island nation stood in the way of Napoleon's quest to control all of Europe?
Great Britain did. Britain was implaccably opposed to the idea of revolution & then the rise of Napoleon. Britain needs to trade with Europe and Napoleon opposes this. Britain uses Portugal as an ally to land an army in the Peninsula. But Tolouse is a very, very long way away.
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 was the continental system?
A ban on trade with England(an attempt by Napoleon to weaken the British by closing trade between them)
President Jefferson assertively used the navy when he ordered it to?
Attack the Barbary pirates for disrupting American trade.
What was Napoleon's Continental System?
The continental system was when Napoleon stopped the trade from European ports to Britain. It was created to damage the economy of the UK.
Napoleon's continental system was designed to do what?
It was designed to stop trade with Europe.
What was Napoleon's trade embargo?
The Continental System which failed on every level.
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.
