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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 the product made into rum as part of the triangular trade?
MOLASSES
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.
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.
Where did new England ship sailed to carry-on Trade?
The New England ships sailed to England and Europe to carry on their trading. This was considered as a triangular trading agreement.
Which continents were involved in the triangular trade?
The triangular trade was bettween North America, Europe, and Africa.
