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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.
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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 effect of opening world trade in the Philippines?
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
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 are some of the factors influencing world trade?
Greed is the main factor influencing world trade - the rapacious devouring consuming greed of the first world affluent materialistic countries.
Which factor has greatly facilitated international trade since world war 2?
improved communications
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 DO YOU MEAN BY NEW ECONOMIC POLICY?
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
When was Miss World Philippines created?
Miss World Philippines was created in 2011.
How have the physical features of the Philippines affected its history and development?
The Philippines is surrounded by waters being an archipelago. Because of this, it was easily reached by navigators from different parts of the world like Portugal and Spain. Ferdinand Magelland landed in the Philippines on 1521. If the Philippines is not an archipelago, most probably, great navigators like Magellan would not have reached it. Development in the Philippines was hard at that time since it was colonized by Spain for 333 years.
Does the Philippines have most islands of any country in the world?
No. The Philippines are a collection of islands, but they are not the most in the world.
How much total debt of the Philippines to the world bank?
60billion is the debt of philippines in the world bank.
What role did the us play in opening japan to foreign trade?
Admiral Perry forced Japan into world trade at "cannon point", in the 19th century.
