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The British reversed their trade deficit with China primarily through the opium trade. British merchants, particularly the East India Company, began exporting opium from India to China, where it was in high demand. This trade facilitated the flow of silver into Britain, effectively balancing the trade. The situation ultimately led to significant socio-economic issues in China and contributed to the Opium Wars.
What else can I help you with?
To reverse the balance of trade with China British merchants sold to Chinese smugglers.?
Opium
Which of the following was a motive of the British in the Opium Warsing?
A.The trade policies of China.B.The trade deficit in Britain.D.The trade surplus in China.
Does the US have a trade surplus or a trade deficit with China?
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
What is one of the us trade deficit?
Increase import from China
Is the money owed for the trade deficit with China a separate amount from US debt purchased by china?
yess
What is it called when a country's imports exceed its export?
China
What is one cause of the US trade deficit?
.Increased imports from China.
Which item did England export to China in an attempt to battle its trade deficit with that country?
Opium-
What countries do the US have a trade surplus with?
The United States has a high trade deficit with a number of countries. It has the highest trade deficit with China, at about 27 million dollars of debt.
Who were the Kuomintang and what did they do?
The Kuomintang were a political party in China. They helped to stabilize China, and they helped to unify the country.
Was China ever been ruled by British?
China, as a country, was never ruled by the British. Part of present day China were once British colonies (Hong Kong).
Where can one find the latest figures for the national deficit?
The latest figures for the national deficit can be found by reading political publications about the economy. The national deficit is the amount that the government owes that has to be paid to such countries as China. Therefore any political publication about the economy in the content or the index should have information about the national deficit.
