Answer:
You just answered your own question.
Explanation:
Trade / Exports: Fish, timber, furs, ships and livestock
I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
Answer:
Tea Act
Explanation:
The meeting was conducted right after the Boston tea party and they discussed how to respond to the British government's actions with their high taxes.