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Ainat [17]
2 years ago
5

How did Arabia location contribute to its development as an important trading crossroads?

History
1 answer:
Minchanka [31]2 years ago
6 0

Answer:

It was a crossroads for Asia, Africa, and Europe. Also, is was surrounded by bodies of water (Mediterranean Sea, Red Sea, Arabian See and Persian Gulf) Sea and land routes connected Arabia to major trade centers.

Explanation:

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1- Higher interest rates in a country --- More foreign investment in a country

2- Higher currency value  --- Decrease in exports

3- Lower currency value  --- Increase in exports

4-  More people adopting foreign clothing styles --- Cultural imperialism

5-  decrease in exports -> lower currency value

6-  more foreign investment in a country  -> higher interest rates in a country

7-  cultural imperialism  -> more people adopting foreign clothing

8-  increase in exports -> higher currency value

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1- The higher the interest rates in a country, the greater the benefit that it pays to foreign investments; therefore, at a higher interest rate, more foreign investment in that country.

2- The higher the valuation of the currency in a country, the less competitive the currencies of the other countries. Therefore, the higher the value of the currency of a country, the lower the amount of exports, since the rest of the currencies would lose purchasing power.

3- The lower the valuation of the currency in a country, the more competitive the currencies of the other countries will be. Therefore, the lower the value of the currency of a country, the greater the amount of exports, since the rest of the currencies would gain purchasing power.

4- Cultural imperialism refers to all forms of ideological imposition developed through the media and other forms of cultural production in order to establish the values of a dominant society in a certain peripheral or dependent society.

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