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Why did export and imports dip during the year of 1808?
Exports and imports dipped during the year of 1808 because the United States had placed an embargo on trade with foreign nations.
Why did the nations of the world establish high tariffs on imports during the 1930s?
They were trying to reduce the rates of unemployment in their respective countries during the great depression. By establishing high tariffs on imports, the idea went, they could protect domestic manufacturers form foreign competition and thus save jobs and protect native industry.
What is horizotal foreign direct investments?
A measure of foreign ownership of productive assets, such as factories, mines and land. Increasing foreign investment can be used as one measure of growing economic globalization. Horizontal foreign direct investments happen when a multinational company carries out a similar business operation in different nations.
What do you call a situation that exists when a nations imports are worth more that its exports?
This is called a trade defecit.
What is The value of a foreign nations currency in terms of the home nations currency?
Exchange Rate.
Definition of foreign policy?
Foreign policy is the practices associated with a government's handling foreign nations. Nations can change their foreign policies at any time with the right votes.
Nations discouraged imports in what would be known as?
Nations discourage imports by tariffs or import duty which are special taxes on imports. If imports are actually fordidden it is called an embargo. Nations could also discourage imports by manipulating the currency exchange rate to make the local currency more valuable in relation to foreign currency.
Why did export and imports dip during the year of 1808?
Exports and imports dipped during the year of 1808 because the United States had placed an embargo on trade with foreign nations.
Who control trades between the US and foreign nations?
secretary of state
East Africa nations imports what for energy needs?
east Africa nations imports what for energy?
Who would control trade between the US and foreign nations?
secretary of state
Tafts attempt to influence foreign countries by encouraging us business to invest money in foreign nations?
dollar diplomacy
Taft's attempt to influence foreign countries by encouraging US business to invest money in foreign nations?
dollar diplomacy
What was taft's attempt to influence foreign countries by encouraging us business to invest money in foreign nations?
dollar diplomacy
Which department promotes American interests in foreign trade and maintaining a network of officers that report on the business activity in foreign nations?
Commerce
Can the president control trade with foreign nations?
He/She can make treaties, but they need to be approved by Congress.
What are goods purchased from other nations?
imports
