Refer to the diagram and explain the difference between a factor market and a product market
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Based on our knowledge of the Roman empire, we can confirm that the Romans traded with Multiple countries, most notably Spain, which allowed them to greatly bolster their economy.
<h3>The impacts of roman trade</h3>- The roman empire spanned far and wide, boasting at one time, over 1,800 territories.
- This wide distribution and the protection by roman armies of trading routes, allowed trade with other nations to flourish.
- The trade was important as it allowed Romans to <u>acquire </u><u>cheap goods </u><u>which could then be sold at much higher prices</u>, greatly bolstering the Roman economy in order to sustain such a massive empire.
- Egypt
- Gaul
- Spain
- Large parts of Africa.
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