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The institutionalization of trade has been around since the "value theory" of David Ricardo in 1817, which argues that some countries had more feasible conditions to produce a better output of certain products in comparison to others. As a result, they had to engage in trade with other countries that had products they lacked.
"Labor" and "resources" are the key factors that fuel trade. As some countries have a cheaper labor force, it makes their products have competitive prices in the market. On the other hand, certain countries have scarce resources that many other countries do not have such as gold and other minerals. Therefore they have to engage in trade with the countries that extract them from their soil.
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The city on the map that is farthest from the Vikings' homeland is Rome, followed by Paris, and the closest city to Vikings homeland, that appear on the map is London.
Answer:
Germany lost territory to Belgium, Czechoslovakia, and Poland, return Alsace and Lorraine to France.
Explanation:
The Versailles treaty forced Germany to give up their territory due to Germany losing World War 1 in 1919.
