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svetoff [14.1K]
2 years ago
15

Why did Americans think they might be at a disad- vantage in trading with China?

History
1 answer:
aleksley [76]2 years ago
4 0
Initially, you might want to look at how little America does produce- what could we even offer to a nation that produces almost everything. Another reason why Americans may be at a disadvantage with trading with China is due to our HUGE trade deficit- we owe so much money. On top of that, taxes on things being traded can be used against nations, if we traded with China and they raised the tax on imports than it could impact us very negatively.
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As monarchical power in England and France increased, the power of the nobility decreased, which further led to the erosion of feudalism. In 1660, feudalism was outlawed in England. By the start of the French Revolution in 1789, feudalism ceased to exist in France. The lords in these countries who once ruled over serfs became the aristocracy. In Germany, the feudal system was replaced by small royal states until the 19th century and the unification of Prussia.

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