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Dvinal [7]
3 years ago
6

Were colonies useful mostly because they provided a ready market for manufactured goods?

History
1 answer:
Oksanka [162]3 years ago
4 0
No. European countries wanted colonies because they wanted to gain more wealth. Gold and silver from the colonies made the countries richer. Another reason was for the raw materials that they needed for their factories. Getting raw materials from the colonies was much cheaper than buying from other countries. One more reason was the desire for land and power. Having colonies made replenishing  supplies easier and in case of war, the colonies could be used as military bases.
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1. Net Exports are $25 billion. Imports are $63 billion. How much are exports?
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Net export is one of the component for determining a country's GDP

  • Net export is derived by deducting the value of total import of goods and services from the value of the exported goods and services

  • A Net exports with positive value indicates financial health for a country.

Net Export = Export - Import

Net Exports = $25 billion, Imports = $63 billion and Export = ?

$25 billion = Export - $63 billion

Export = $25 billion + $63 billion

Export = $88 billion

In conclusion, the value of the export is $88 billion.

Learn more about Net Export here

<em>brainly.com/question/13201298</em>

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