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What was the favorable balance of trade?
A favorable balance of trade occurs when a country exports more goods and services than it imports, resulting in a trade surplus. This situation is often seen as beneficial for the economy, as it can lead to increased national income, job creation, and stronger currency value. A favorable balance can also enhance a country's economic influence and provide resources for investment and development. However, it may also lead to trade tensions with other nations that could experience trade deficits.
Why was China able to be taken advantage of early in the twentieth century by nations who traded with her?
China was taken advantage of in the early 20th century by nations with which it traded because the other nations were more technically advanced.
How did China address Imperialism and How did it compare to how other nations approached Imperialism?
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What does the king from east mean in the bible?
The kings from the east are nations like China, Japan and other Asian nations.
Which country borders the largest number of other counties?
China borders the largest number of other countries, with a total of 14 neighboring nations.
How did nations use colonies to earn money using a balance of trade?
Nations used colonies to earn money through a balance of trade by establishing a system where they exported more goods to the colonies than they imported from them. Colonies provided raw materials and resources that were cheap to obtain, which the mother country could then process and sell at higher prices in global markets. This trade system allowed nations to accumulate wealth and maintain a favorable balance of trade, as they aimed to maximize their exports while minimizing imports. Additionally, mercantilist policies often restricted colonies from trading with other nations, ensuring that profits flowed back to the mother country.
What does favorable balance of trade mean?
A favorable balance of trade occurs when a country's exports exceed its imports, resulting in a trade surplus. This situation is generally viewed as positive for the economy, as it indicates that a nation is selling more goods and services to other countries than it is buying from them. A favorable balance can strengthen the national currency and contribute to economic growth. However, it may also lead to trade tensions with countries that have trade deficits.
How china geography kept its early settlements isolated?
Because the other nations did not nothing about China so the Georgraphy help China to cover the m selves:-)
What other nations that border China did the US fight wars against?
Afghanistan and Vietnam
What two other nations that border China did the US fight against?
Afghanistan and Vietnam
Difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
How did America get involved with china?
It is called the Open-Door Policy. America has used this policy since trading with China and other nations.
