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  • 21-09-2020
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Do you believe that the world is still using the Triangular Trade today? Explain your reasoning

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mariel346
mariel346 mariel346
  • 21-09-2020

Answer: Triangular trade routes still exist today, although globalization and air travel have made international trade much more efficient.

Explanation:

Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus provides a method for rectifying trade imbalances between the above regions.

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