Answer:
Under the compromise, Texas surrendered its claims to present-day New Mexico and other states in return for federal assumption of Texas's public debt. California was admitted as a free state, while the remaining portions of the Mexican Cession were organized into New Mexico Territory and Utah Territory.
Explanation:
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Imperial leaders model of trade was mainly based on mercantilism principles.
Trade was heavily skewed against the conquered lands. Finished goods were exported to the colonies while it is only raw materials that the colonies would export to the colonial master.
