john hay. open door policy
open door
The Open Door Policy.
As an expense, loan interest should be placed in the debit side of the Profit & Loss A/c and not in the Trading a/c.
Establishing trading outposts
self-sufficiency.
It expanded trading, contributing to a strong economy in China
Separate Trading of Registered Interest and Principal Securities
true
China was a self-sufficient society.
Tokyo
Phoenicia in the Levant, with trading stations around the Mediterranean. One became a city and then expanded into Spain - Carthage.
They expanded from trading Phoenician goods to carriage trade- that is they also shipped and traded goods from other as well as their on.