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The world trades open to the Philippines has caused for the spaniards to sell more products to other countries. Since the materials came from the Philippines they use our resources and do not repay us as they sell more things we grow to have less resources But the positive is that our economy increases

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What is the factor of the opening of the Philippines to the world trade?

The opening of the Philippines to world trade was significantly influenced by the U.S. colonial period, which introduced new trade policies and infrastructure development. The establishment of the Philippine Trade Act in 1946 further facilitated trade relationships, particularly with the United States. Additionally, the country's strategic geographical location in Southeast Asia made it a key player in global trade routes. This integration into the global economy has allowed the Philippines to expand its export markets and attract foreign investment.


How did the opening of the Philippines to world commerce and trade affect the country and its people?

this development paved the way for the emergence of the Filipino sense of nationhood.


What is the main reason of opening the Philippines to world trade?

The main reason for opening the Philippines to world trade is to stimulate economic growth and development by increasing access to global markets. By engaging in international trade, the Philippines can attract foreign investments, enhance competitiveness, and create job opportunities. This also allows the country to diversify its economy and reduce reliance on domestic markets, ultimately improving the standard of living for its citizens. Additionally, participating in global trade can lead to technological transfer and innovation.


What are the Liberal ideas learned due to opening of Philippines to world commerce?

The opening of the Philippines to world commerce led to the introduction of liberal ideas such as free trade, capitalism, and individualism. This resulted in a shift towards a market economy, increased foreign investment, and the spread of liberal economic policies. Additionally, it fostered competition, innovation, and economic growth in the country.


What is the first opening of manila in world trade?

The first opening of Manila to world trade occurred in 1571 when Spanish colonial authorities established it as the capital of the Philippines. This event marked the beginning of the Manila-Acapulco Galleon Trade, which lasted for over 250 years, facilitating trade between Asia and the Americas. Manila became a crucial hub for the exchange of goods, culture, and ideas, linking the East and West and significantly impacting global trade networks.


Did The World Trade Center effect the Environment?

yes


What date did world trade go in to effect?

Which date? Not "what date"!


Did the bombing of The World Trade Center effect foreign policy?

no


How did Ferdinand's achievements effect the world?

He confirmed that the world was a globe and found new trade routes.


What effect did the Phoenicians trading have on the rest of the world?

It enriched trade in the Western Mediterranean. The rest of the world continued on as usual.


What are the factors that led to the birth of national consciousness of the Philippines?

Several factors led to a birth of national consciousness in the Philippines like world trade and the liberal ideas that came from allowing world trade. Other factors included the opening of the Suez Canal and the Spanish Revolution of 1868.


What is the effect of international trade on American industries?

Increased trade abroad made American industry more dependent on the rest of the world, and meant that American jobs were more dependent on world events.