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rum, sugar (molasses), and slaves
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∙ 12y ago
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What made the triangular trade important?
Triangular trade was important because it was useful. It was mosty trading in the from of a triangle.
Which form of organisation is a trade agreement made by one owner binding on the others?
it is partnership.
What are the different types of trade agreements?
NAFTA, North America Free Trade Agreement, is an example of a international trade agreement. The European Union has a trade agreement between member countries.
Why is the triangular trade good?
They traded for Slaves
Can countries trade with each other without a Free Trade Agreement?
Yes, Countries can trade with each other without free trade agreement.
Why was the triangular trade agreement made?
because they wanted to now get over it
What made the triangular trade important?
Triangular trade was important because it was useful. It was mosty trading in the from of a triangle.
Who made the triangular trade?
It was the trade between the Americas, Europe and Africa. Triangular = 3 ; there are 3 continents involved.
How did the triangular trade affect the Colonial Planters?
The triangular trade affected colonial planters in a detrimental way. The triangular trade directed their products to South America, where prices were undercut.
What was each leg of the triangular trade known as?
The triangular trade route
What is meant by a free trade agreement?
A free trade agreement, or FTA, is an agreement made between two countries to make trading easier. Terms like lower taxes are negotiated into this agreement.
What is the product made into rum as part of the triangular trade?
MOLASSES
Who benifited the most from the triangular trade?
European colonial powers like Britain, France, and Portugal benefited the most from the triangular trade. They gained immense wealth through the trade of enslaved Africans, raw materials, and finished goods between Europe, Africa, and the Americas.
Where did New England ships sail to carry on trade?
The coonists traded their goods with the countries, England and Europe. They had triangular trade.
The people who benefited most from triangular trade were?
the Europeans benefited most from the triangular trade because the enslaved the Africans and got the money and merchandise
Why did Lisbon Portugal's capital become Europe's center for the spice trade?
There is two trade in Lisbon Portugal's capital. The Europe's center triangular trade between China and Japan which made it an important center.
What was brought in the triangular trade?
Sugar, molasses, other crops, and slaves were traded in the Triangular Trade.
