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What was the imports and exports of the triangular trade route?
Wiki User
∙ 15y ago
goods and merchants and people i got this out of a world history book so this is no lie!
Wiki User
∙ 15y ago
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What is balance of trade?
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
What is an excess of imports over exports?
This would be a trade deficit, where the imports cannot be balanced by exports.
Nation's imports and its exports is referred to as?
Net exports or the balance of trade.
If a country has a trade surplus?
Exports > imports
What is balance of trade?
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
What was the triangluar trade?
Triangular trade is a historical term. It indicates trade among three regions or ports. Triangular trade is a multilateral system of trading here countries pay for imports from a specific country with what it exports to another country.
What is an excess of imports over exports?
This would be a trade deficit, where the imports cannot be balanced by exports.
Why do you have imports and exports?
u have imports and exports so that the ine of trade can continue and think about it, if we didnt have chinas exports what would we have
Nation's imports and its exports is referred to as?
Net exports or the balance of trade.
If a country has a trade surplus?
Exports > imports
What it is called when the value of imports exceeds the value of exports?
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
What is trade surplus?
A positive balance of trade, exports exceed imports
What are the trade barriers of Russia?
One of the trade barriers of Russia is the fact that it has placed very high tariffs on imports and exports. Other trade barriers include limits on exports and imports.
When a country's imports exceed its exports there is a trade what?
deficit
What was each leg of the triangular trade known as?
The triangular trade route
