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Did the French help the Confederates?
The French and the British did trade with the confederates, but little of that got through because of the Union blockade. The French were officially neutral but recognised the confederates as a "belligerent".
What made it difficult for the US a neutral nation to trade with the central power?
british blockades
What made it difficult for the US a neutral nation to trade with the central powers?
british blockades
What made it difficult for the use a neutral nation to trade with the central powers?
british blockades
Internal vs external trade?
internal trade- trade which is done within the boundaries of a nation or a country is internal trade external trade-trade which is done with other countries or nation is external trade by divya kalra
Which of these occurs when one country grants another country most favored nation status?
It promises to give the nation the highest level of trade leniency
What position did the US take when Britain and France went to war in 1793?
Neutral
What was the setting the nation's western border important economically to the new country?
power and trade
What is the difference in value between what a nation imports and what it exports?
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
What nation set up a naval blockade of Germany ports?
During most of WW1, the US remained a neutral nation. It tried to trade with both Great Britain and Germany, but Britain didn't allow the US to trade with Germany, so it set up a blockade.
How does tribute and neutral rights affect shipping?
Tribute refers to payments made by one state to another to ensure safe passage for its ships, often seen in historical contexts like piracy or conflict. Neutral rights protect shipping by allowing neutral nations to trade freely during wartime, without interference from belligerent states. Together, these concepts influence maritime trade by establishing the legal and financial frameworks that govern international shipping, impacting costs and the safety of maritime routes. Violations of these rights can lead to conflicts, affecting global trade dynamics.
What problem is most directly associated with a trade deficit?
More cash is leaving the country than is coming into the country is the primary problem with trade deficit. The trade deficit can have an impact on employment and incomes.
