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the water helps send goods and other belongings to another country to trade,thereby making it easier to trade.

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Q: How can access to waterways increase trade between countries?
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How does developing countries benefit from globalization?

People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.


How did European expansion create the first global economic system?

European imperialism allowed for closer relations between the mother/fatherland and their colonies. Because of this, often European countries had access to cheap raw goods and cheap labor. This was soon expanded beyond just countries the Europeans had colonized and spread to most countries. Globalization started up because of imperialism.


How does international trade affect consumers?

Consumers have access to a greater variety of goods and services from other countries.


Does the Indian economy get any benefit from globalisation?

The Indian economy does get benefit from globalization because the economy is allowed to access markets in many countries.


Role of foreign sector in economic cycle?

The Role of the Foreign Sector in the Economic Cycle The foreign sector is when a country cannot satisfy their needs effectively between the closed economy: households, businesses and the government. Countries then convert to an open economy to satisfy their needs effectively. To solve the problem that the country is having they have to trade with other countries to gain a strong economy so that they will be able to satisfy the needs of their people. When countries trade they do not have to rely solely on their own resources because they can sell it and gain other resources form the different countries. Some countries may not have good access to resources so they will not be able to use the foreign sector effectively.

Related questions

Is iron ore transported by boat?

It can be, if access to waterways is inexpensive.


Why was access to waterways an important factor in development of colonial cities and towns?

The waterways could ship goods from the interior of the south to the coast where they could be sent to Europe.


What greatly contributed to the growth of these cities?

D the access to major waterways


Why was access to waterways an important factor in the development of colonial cities and towns?

Access to waterways was an important factor in the development of colonial cities and towns because it provided fertile land to grow crops,drink water, and good for transportation


Why was access to waterways an important factor the development of the colonial cities and towns?

Access to waterways was an important factor in the development of colonial cities and towns because it provided fertile land to grow crops,drink water, and good for transportation


Why are waterways in the US so important to human settlement and economic activity?

Waterways used to be very important to American life and settlement. People used to travel on waterways and also send supplies through waterways. People used to settle next to rivers to har way access to water. Trade was also brought by waterways.


It appears that most of the world's population growth is taking place in developing countries. Predict what effects this will likely have?

There will be an increase in demand for access to basic goods and services. More people are going to be living in poverty.


How would access to major waterways benefit the growth of new townships?

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How have waterways helped people on the past and how do they help people today?

In the past, waterways served as primary transportation routes for trade, communication, and exploration, facilitating the movement of goods and people. Today, waterways continue to play a crucial role in transportation, trade, and recreation, supporting industries such as shipping, tourism, fishing, and providing access to resources and connectivity between regions.


What are the 4 waterways that control access to north Africa southwest Asia and central Asia?

Mediterranean sea


What is the largest landlocked U.S city?

Phoenix then Indianapolis would be the correct answer. Some would incorrectly say Chicago or Philly, assuming landlocked means 'no access to ocean waters'. Landlocked, to me, means no access to any navigatable waterways. Chicago has access to Lake Michigan, which in turn has access to the ocean and Gulf of Mexico via other waterways. Philly has access to the Delaware river.


What south american countries do not have access to the oceans?

What South America countries do not have access to the oceans