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Yes, the Panama Canal was a big trade route for many goods. The US exports and imports lots of goods with countries like China, India, Europe and others. The Panama Canal also makes the transportation between countries quicker and safer.

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14y ago

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Related Questions

Did the us help Panama build the Panama Canal?

YES!


How did the panama canal help the US economics?

because


What country did the US help Panama gain its freedom from?

The US helped Panama gain its freedom from Colombia. The US did this so that they could build the Panama Canal.


Where did the us help start a revolution on order to get land for a canal?

Panama


Why did the US return the canal to Panama?

Because it was called the Panama Canal


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It is the Panama Canal. It was originally built by the US. However Panama just completed a major improvement of the canal.


Who did the US purchase the Panama Canal from?

The US purchased the Panama Canal from France in 1903 for $40 million.


Who bought the Panama Canal from the US?

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Which state in the US is closest to the Panama Canal?

The state in the US closest to the Panama Canal is Florida. The southern tip of Florida is about 880 miles from the Panama Canal.


Did Cuba sale the rights of the Panama Canal to the US?

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Where is Panama's capital?

The capital city of Panama is Panama City, which straddles the Panama Canal (originally the US-occupied Canal Zone).


How did Roosevelt get the right to build the Panama Canal?

The French had the idea to build a canal across Panama first and they started the project; after about their sixth year working on the canal they ended up going bankrupt. that is when the US showed interest in buying the canal for the French, but Columbia, who at the time owned Panama, would not allow the purchase. An agreement was made with Panama to help them get their independence the US would be allowed to finish building the canal.