Asked by narender kumar on May 02, 2024
Verified
American business relations with Canton promoted a lucrative trade in what commodity?
A) Tea
B) Fur
C) Rice
D) Timber
Canton
A term often used to describe administrative divisions or regions in certain countries, notably in Switzerland where it refers to member states of the federation.
- Familiarize yourself with the evolution of economic practices and trading relationships in early 19th-century America, highlighting the fur trade and international trading systems.
Verified Answer
CG
Cheyanne GrassMay 02, 2024
Final Answer :
A
Explanation :
American business relations with Canton, particularly in the late 18th and early 19th centuries, were heavily centered around the tea trade. Tea was a highly sought-after commodity in America, and Canton (now Guangzhou) was a major Chinese port where this trade was conducted.
Learning Objectives
- Familiarize yourself with the evolution of economic practices and trading relationships in early 19th-century America, highlighting the fur trade and international trading systems.