In the World’s History, triangular trade is one of the terms that you will be able to encounter. Triangular trade or triangle trade is defined as the trade which happens in three regions or ports. When a region has export commodities that are not required in the region from which its major imports <span>come, that is when a triangular trade usually evolves. With the triangular trade, trade imbalances are corrected between the regions. In relation to that, a state of diversity can be observed in the trade since different types of people gather to transact and exchange goods. People in diverse societies and cultures exchange and trade their goods. In triangular trades, slavery was also rampant. Slaves were transported in the different regions where triangle trades were done. Slave codes are those rules which are based on the concept that slaves were properties and not persons</span>
Answer:
Trade compliance professionals should be connected to these changes within their organizations to help ensure that the new reality does not result in inadvertent compliance issues, violations, or penalties—as well as operational costs to unwind noncompliant activities—in the future. No organization wants to redesign their business activities and incur significant transaction costs and disruption only to find out later that their redesign is in violation of export control, customs, sanctions, or other trade laws. As the situation continues to develop, global trade compliance professionals should be monitoring these issues at their organizations to ensure that they, and their compliance programs, are part of the evolving conversation and that key stakeholders are making decisions with the benefit of input from trade compliance.
Explanation:
The purpose of the Louisiana purchase in 1803 was to give the United States more control of the Mississippi River, and the port city of New Orleans, which were both used by farmers to ship their crops and get paid.