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What theory states that a country has a favorable balance of trade when it exports more than it imports during the colonization and revolutionary war?
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∙ 10y ago
Mercantilism is the theory that states a country has a favorable balance of trade when it exports more than it imports. This theory was prevalent during the time of colonization and the Revolutionary War. It emphasized accumulating wealth in the form of precious metals and promoting a positive trade balance through restrictions and regulations.
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Who was Emilio Aguinaldo?
Emilio Aguinaldo was a Filipino revolutionary leader and politician who played a key role in the Philippine Revolution against Spanish colonial rule. He became the first President of the Philippines and led the country in its fight for independence from both Spanish and American colonizers. Aguinaldo is considered a national hero in the Philippines for his contributions to the country's independence.
What best describes Emilio aguinaldo?
The term first President best describes Emilio Aguinaldo. This man led the Philippines against the Spanish in the Revolution and went onto to become the country's first President.
Ask not what your country can do for you ask what you can do for your country is an example of?
This is an example of a call to civic duty, encouraging individuals to contribute to the betterment of their country through their actions and service. It emphasizes the importance of personal responsibility and engagement in the community for the greater good.
What is the history of Emilio aguinaldo?
Emilio Aguinaldo was a Filipino revolutionary leader and the first president of the Philippines. He played a pivotal role in the country's struggle for independence from Spanish colonial rule and later, in its resistance against American occupation. Aguinaldo proclaimed Philippine independence in 1898 and led the First Philippine Republic until its defeat in the Philippine-American War.
What is the uniqueness of a country?
The uniqueness of a country lies in its culture, history, geography, traditions, values, and people. Each country has its own blend of these elements that makes it distinct from others, contributing to its identity and character.
What is a favorable balance trade?
it is the relationship between a country's imports and exports ;)
Favorable balance of trade?
Country exports more than their total imports per capita
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
What is the difference between a favorable and an unfavorable balance of trade?
noun the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. ----
If you were a king what could you do to make sure your country has a favorable balance of trade?
You need to answer this question since it asks you what you would do not us. We don’t do homework.
What was the response to colonization within your country were there any groups or famous individuals that aided or resisted colonization when and how did your country win its independence?
what was the response to colonization within indoensia
How does Tourism Revenue affect the Balance of Payments of a national government?
A surplus in the balance of payments is when a nation has an increase in flow of funds from trade and investments coming in than paying out to other countries. Income from tourism increases the flow of funds into the economy from people of other countries. It results in the flow of foreign currency into the country and is a revenue to the country resulting in a favorable balance of payment.
What African country avoided colonization?
Ethiopia
Which country was credited for the colonization of StPierre?
France
Why did countries want a favorable balance of trade?
People have different taste and preference. Society likes quality not quantity. Since, technology growth rapidly, needs that are unlimited grow rapidly as well. Every country need to accomplish the needs and desire of its own citizen. So, is on its best for country to have balance favourable trade.
Which African country successfully avoided colonization-?
Ethiopia is the popular country for being only one of two African countries which successfully avoided colonization.
What is it called when a country controls another country?
its called nationalism or, it could be colonization.
