Answer:
The Silk Road was a vast trade network connecting Eurasia and North Africa via land and sea routes.
The Silk Road earned its name from Chinese silk, a highly valued commodity that merchants transported along these trade networks.
Advances in technology and increased political stability caused an increase in trade. The opening of more trade routes caused travelers to exchange many things: animals, spices, ideas, and diseases.
Explanation:
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Answer:
One of the major goals of the U.S. economic foreign policy is to create Trade Agreements. The economic foreign policy of the United States through the years has been to promote free trade in the world
Explanation:
Answer:
This economic system resulted in a favorable balance of trade for England, with greater exports than imports.
Explanation:
The goal of the economic philosophy and system of mercantlism was to generate a positive balance of trade for the mother country, at the expense of the colonies.
In the case of England, the idea was to enrich England at the expense of colonies such as the North American colonies.
The system was succesful in this particular economic area, but it did not necessarily benefit the majority of people in both England and the colonies.
