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The practice of controlling a country's foreign trade is known as trade regulation or trade control. This involves implementing policies and measures, such as tariffs, quotas, and trade agreements, to manage the flow of goods and services across borders. Governments may use trade control to protect domestic industries, promote exports, or achieve economic and political objectives. Such practices can significantly influence a nation's economy and international relations.
What else can I help you with?
What is the nature of foreign trade?
Chinese against foreign trade
Which of these opened Japanese ports to foreign trade?
The Treaty of Kanagawa opened Japanese ports to foreign trade.
The foreign policy and foreign trade of the thirteen colonies was controlled by?
France
How do countries manage trade?
by controlling the losses and increasing the benefit...........
What are the ethics of imports and exports?
Import and export is international trade bound by bilateral trade treaties and rules of trade. The ethical practice of right invoicing, paying duties,foreign exchange rates, delivering the right type and quality of goods and services for the given value etc are some of the honest practices in trade.
What is the practice of controlling a country's foreign trade building and army from locals and keeping local rulers and power called?
commercial colonialism
What is the practice of controlling a countries foreign trade building and army from locals and keeping local rulers in power called?
commercial colonialism
What is the practice of controlling a countries foreign trade building an army from locals and keeping locals rulers in power called?
commercial colonialism
What is the practice of controlling a country's foreign trade equals building an army from locals and keeping local rulers in power called?
commercial colonialism
Why were southern states concerned about controlling foreign trade?
they relied heavily on the foreign exports of rice and tobacco.
Why were southern states concerned about congress controlling trade?
they relied heavily on the foreign exports of rice and tobacco.
In European nations the practice of carefully controlling trade to create and maintain wealth was called?
mercantilism
Which term best describes the practice of creating and maintaining wealth by carefully controlling trade?
Mercantilism
What is the practice of controlling a country's foreign trade building an army from locals keeping local rulers in power called?
commercial colonialism
What is the practice of controlling a country's foreign trade building an army of locals and keeping local rulers in power called?
It is called mercantilism. Mercantilism is an economic system where a country seeks to maintain a positive balance of trade by controlling imports and exports, building a strong military force, and supporting local rulers who can help achieve economic goals.
What has the author W W Syrett written?
W. W. Syrett has written: 'Practice and finance of foreign trade' -- subject(s): Commerce, Foreign exchange 'Finance of oversea trade' -- subject(s): Accessible book, Commerce, Foreign exchange
What is the practice of controlling a country's foreign trade and army for locals and keep locals in power?
The practice of controlling a country's foreign trade and military while ensuring local leaders remain in power is often referred to as economic imperialism or neo-colonialism. This approach allows external powers to influence a nation's economy and defense without direct political control, often prioritizing their interests over those of the local population. By supporting local elites, these external powers can maintain stability and facilitate the extraction of resources while minimizing resistance. This dynamic can lead to a form of dependency, where local governance is undermined despite the appearance of autonomy.
