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What product was important to the zhou economy?

Plows were the MOST important item of trade in the Zhou dynasty


Nations use many methods to restrict trade but the two most important methods are tariffs on imports and non tariff barriers?

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Which product was the most important colonial export in the British trans-Atlantic trade?

The most important colonial export in the British trans-Atlantic trade was sugar. Produced primarily in the Caribbean colonies, sugar became a highly sought-after commodity in Europe, driving immense profits for British merchants and plantation owners. This demand for sugar also fueled the transatlantic slave trade, as enslaved Africans were forcibly transported to work on sugar plantations. The sugar trade significantly shaped the economic and social dynamics of both the colonies and Britain.


What was the most important economic event in 1846?

The most important economic event in 1846 was the repeal of the Corn Laws in Britain. This legislation eliminated tariffs on imported grain, aiming to reduce food prices and stimulate trade. The repeal was significant as it marked a shift toward free trade policies and reflected the growing influence of industrial interests over agrarian protectionism. This change had lasting impacts on British agriculture and the economy, influencing global trade patterns.


How did England strengthen its trade empire?

England was one of the most important countries during colonial times. The country strengthened its trade empire by expanding its colonization and discovering new ways to reach India.