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How can international trade agreements lead to economic growth?
Uneducated
Why did surpluses lead to the growth of trade?
Surpluses led to the growth of trade because excess goods could be exchanged or sold to acquire other goods that were scarce. This created a system of trade where different regions specialized in producing certain goods and then traded them for items they could not produce themselves. This allowed for the expansion of trade networks and facilitated economic growth.
How did the growth of trade lead to the renaissance?
the demand for luxury goods led to an increase in trade this made many tradesmen wealthy
How did economic growth and trade interact with each other?
Economic growth and trade are interconnected as trade can stimulate economic growth by increasing market access and promoting specialization. In turn, economic growth can lead to increased trade opportunities by creating a larger market for goods and services. This symbiotic relationship can drive overall prosperity and development in a country.
How did the fur trade lead to the growth of the European settlements in Canada?
I don't know! that's why im asking you!
How did the fur trade lead to the growth of European settlements in Canada?
I don't know! that's why im asking you!
Why does the growth of the international trade lead to a rising global standard living?
International trade enables specialization, which brings increased efficiency and greater competition.
Why does the growth of international trade lead to a global rising standard of living?
International trade enables specialization, which brings increased efficiency and greater competition.
What are the geographic factor that have lead to growth in Lagos?
Geographic factors such as the Gulf of Guinea and Lagos Lagoon have lead to urban growth. Lagos Lagoon makes a perfect harbor for trade and cultural interaction which leads to industrialization. Industrailization leads to urban development and economic growth. APEX
What are the economic factors that lead growth in Lagos Nigeria?
Geographic factors such as the Gulf of Guinea and Lagos Lagoon have lead to urban growth. Lagos Lagoon makes a perfect harbor for trade and cultural interaction which leads to industrialization. Industrailization leads to urban development and economic growth. APEX
What lead to the decline of feudalism in England?
strenghtened royal authority at the strength of nobles
Trade was foundational to the growth of cities because it .?
Trade was foundational to the growth of cities because it
