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Two countries who profited from the fur trade were?

Russia was the leader of the world's fur trade for centuries. After the discovery of North America, the fur trade was very profitable for both the United States and Canada.


Why didnt Columbus take any pride in discovering a new world?

He was looking for a profitable shortcut for trade with India and the far east. He did not succeed.


What country Plays a crucial role in world trade and has become a regional financial center?

Singapore plays a crucial role in world trade and has established itself as a significant regional financial center. Its strategic location along major shipping routes facilitates global commerce, while its robust financial services sector attracts multinational corporations and investors. The nation's stable economy, efficient infrastructure, and pro-business policies further enhance its standing as a key player in international trade and finance.


What natio established a preferable for trade in the New world?

Spain established a preferential trade system in the New World during the Age of Exploration. Through its conquests and colonization, Spain created a vast empire that controlled significant territories in the Americas, leading to the establishment of the Spanish trade monopoly. This allowed Spain to dominate the flow of goods, resources, and wealth from the New World back to Europe, particularly through precious metals like gold and silver. Other European nations would later seek to challenge this monopoly and establish their own trade routes and colonies.


What document created the US as an indepencent nation?

The Declaration of Independence is what ultimately announced to the world that the US had actually declared independence, but it was the Constitution which ultimately established the framework for independence.

Related Questions

What was a profitable trade during World War 1?

METAL


Profitable trade during world war 1?

Armaments


Why do nations benefit from world trade?

the good thing is that a nation when get engaged into an international trade then the nation export their national products due to which the people of the other world come to know about the speciality of that nation through the means of international trade.


Two countries who profited from the fur trade were?

Russia was the leader of the world's fur trade for centuries. After the discovery of North America, the fur trade was very profitable for both the United States and Canada.


Why was President Wilson unwilling to cut off trade with Britain in World War I?

President Wilson was unwilling to cut off trade with Britain in World War 1 because the profitable trade with the Allies was extremely important to the United States.


What two countries who profited from the fur trade were?

Russia was the leader of the world's fur trade for centuries. After the discovery of North America, the fur trade was very profitable for both the United States and Canada.


What agreement established the world trade organization?

The World Trade organization was formed by the United States under the Marrakesh Agreement. It was founded to improve trades among the different countries in the world. The introduction and implementation of the Marrakesh Agreement triggered the establishment of this organization. The World Trade Organization was established on the first day of January year 1995.


How did the change in trade affect the US' economic standing?

the united states became the largest creditor nation in the world


When did the french trade with the Native Americans?

around 1578 when territories were being established in the new world


A situation where a nation buys more goods then it sells?

The current situation of the US and several other countries around the world: such a nation is said to be a "debtor nation" since it has was is know as a "trade deficit".


How did the war of 1812 affect the standing of the US in world affair?

The United States established its identity as an independent and powerful nation.


Why was chandra gupta 2 one of early indias most successful rulers?

He could engage in profitable trade with the Mediterranean world.