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Earn +20 ptsQ: What is the trade between nations known as?
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What was trade between continents known as?
Trade between continents was known as intercontinental trade or global trade.
Which was founded in 1995 to promote trade between nations?
world trade organization
Why did WTO start?
To liberalize trade among nations and avoid wars created by trade and economic problems
What is the name for the idea that trade between nations creates prosperity and helps to prevent war?
"Free Trade" is the term that describes the idea that trade between nations creates prosperity and helps to prevent war.
Which organization was founded in 1995 to promote trade between nations?
world trade organization
What organization was founded in 1995 to promote trade between nations?
World Trade Organization
What is it called when nations can legally agree that they will limit or prevent trade between two nations?
The legal ban on trade is referred to as a trade restriction or sanction (which also has other meanings).
What directly increased cultural interaction between nations?
Development of trade routes.
A trade agreement that creates favorable trade terms between two nations establishes which of the following?
Normal Trade Agreement
System of agreement between nations that led the war?
Trade embargoes
What is an agreement between nations about peace trade other matters is called?
No
What are normal trade relations in economic?
a treaty to create favorable trade terms between two nations
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