3 years ago

What is the triangular trade of the 17th and 18th century?

1 answer:

Colt1911 [192]3 years ago

8 0

Triangular trade or triangle trade is a historical term indicating trade among three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus provides a method for rectifying trade imbalances between the above regions.

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