Questions and Answers
What was the primary purpose of the American slave auction mentioned in the text?
To temporarily hire skilled slaves for industrial work
What effect did the Industrial Revolution have on the demand for raw materials?
Increased the demand for raw materials
During the World Wars I and II, what did countries impose for the first time?
Trade taxes and quantitative restrictions
What role did organisations like General Agreement for Tariffs and Trade play during the postwar period?
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What happened to regions producing primary goods in the later half of the nineteenth century?
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What was a common outcome of the American slave auctions mentioned in the text?
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What was the main reason for trade being restricted to local markets in ancient times?
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Which route is mentioned as an early example of long distance trade connecting Rome to China?
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What new form of trade emerged along with the trade of exotic commodities during European colonialism?
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Which country abolished slave trade in 1792?
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During which centuries was slave trade a lucrative business?
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What led to the growth of European commerce during the twelfth and thirteenth century?
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