countries do this in order to promote infant industies,to promote local initiatives and also to prevent foreign domination.
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Foreign trade is important but not necessary for a country to survive. Some countries can be self-sufficient, especially if they are not consumerist countries.
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Countries run trade deficits by selling assets to or borrowing from foreign countries. A trade deficit happens when a country has a negative balance of trade.
countries do this in order to promote infant industies,to promote local initiatives and also to prevent foreign domination.
countries do this in order to promote infant industies,to promote local initiatives and also to prevent foreign domination.
Some countries restrict their currency from freely trading. They require a Foreign Exchange transaction to be supported by documenttion justifying the transaction, such as a trade document.
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Foreign countries wanted to trade with Japan because the Japanies had valuable resources such as silk.
foreign trade deficit
yes
Thomas Jefferson banned all the trade with foreign countries because British had attacked US ships.
Foreign trade is important but not necessary for a country to survive. Some countries can be self-sufficient, especially if they are not consumerist countries.
Like the ming rulers, the Manchus allowed some trade, but limited foreign contacts. However, their effort to restrict foreign influence in China failed.
Foreign trade is defined as trades made between different countries. The trades can be goods, research, or services.
The states people cannot trade with foreign countries or travel to foreign countries.