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IN 1857, when the Turks captured the Byzantine Empire,they blocked the trade route from western countries to eastern countries. This trade route was only from theSuez Canal. So it caused a heavy declination in the trade and economy of western countries. It also led to finding ofr new trade routes to resourceful eastern countries.This was firstly fostered by the initiative of Vasco da Gama, who found out a sea.route from Portugal to India.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoWiki User
∙ 12y agoBecause the Suez Canal is a river in Africa and caused a crisis in China. It also caused the bombing in the world trade centre. That was how it affected world trade.
Anonymous
By lowering the cost of moving goods
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Which are two importants canals which is closed can affect 40 percent of the world trade?
Panama Canal & the Suez Canal closing would be an economic disaster.
When was Suez canal opened for trade?
1869
What was the effect of closing the Suez canal?
The Suez Canal provides the shortest sea route between Asia and Europe and currently handles about 7.5% of world trade. The closure of the canal was a substantial unexpected shock to world trade that appeared at the time to be permanent. For some pairs of countries the increase in distance was substantial.
What Canal connects to Mediterranean sea and the Red sea?
The Suez Canal.
Why is the Suez canal important to the U.S.?
4.8% of total world oil pass through Suez canal
How did the Suez canal affect the cape sea route?
the number of ships that use the cape sea route has dereased because of the suez canal.
What is the famous canal in Egypt called?
Suez Canal...The Suez Canal
What connects the red sea and the Mediterranean?
Suez CanalThe Suez Canal
Two sea canals of the world?
suez canal and panama canal
What was the name of the canal in the middle east during World War 2?
The Suez. Major action there.It is important to note that the Suez Canal was dug from 1859-1869, long before World War II.The Answer is The Suez Canal
Why were the British interested in controlling the Suez Canal and Singapore in the 19th century?
Suez canal because it made an easier route to Asia and Africa so Britain can trade with them
What is the mediterranean sea and the red sea are connected by?
The Suez Canal
