Question

define the term triangular trade

Answer 1

Triangular trade  is a historical term indicating trade among three ports or regions. Triangular trade usually evolves when a region has exportcommodities 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.

Answer 2

a multilateral system of trading in which a country pays for its imports from one country by its exports to another