Historically, during the era of European colonialism, the Netherlands controlled much of the limited trade allowed in various regions, particularly through its powerful trading company, the Dutch East India Company. This dominance was especially notable in Asia, where they monopolized the spice trade. Additionally, other nations like Portugal and Britain also played significant roles in controlling trade routes and markets during different periods.
What time period, and what continent(s) are you referring to???
What time period, and what continent(s) are you referring to???
The answer is Ghana
ENGLAND
The kingdom of Ghana
England
Great Britain
What time period, and what continent(s) are you referring to???
What time period, and what continent(s) are you referring to???
During the 19th century, Britain controlled most of the limited trade allowed with China, particularly through the opium trade. The British East India Company played a significant role in exporting opium from India to China, which led to significant economic and social impacts in China. This dominance was solidified after the Opium Wars, resulting in treaties that opened up Chinese ports to British trade and influence.
economic dependence :)
gr8 brit
International trade was banned at that time. A little Governmental Foreign Trade were allowed .
Colonies were allowed to trade only with the home country under the theory of mercantilism. This economic policy emphasized that a nation's strength was directly related to its wealth, which was best achieved through a favorable balance of trade. By restricting colonial trade to the home country, mercantilism aimed to ensure that the economic benefits flowed back to the mother nation, enhancing its power and resources.
The mongols promoted cultrual exchange as they controlled one fifth of the known world at the height of their conquest. this allowed them to manage the major trade routes linking the east and the west. Within the empirical borders there was little thieving that occured which allowed merchants to pass along the silk route much easier. Western historians have labeled this the Pax Mongolica.
They controlled the trade in Ghana to retain their power
Trade regulation is when trade is controlled by a foreign party. Such as Britain controlled (regulated) whom the colonies traded with and what they were paid.