Question

define the term triangular trade

Answer 1

Triangular trade is a historical term for trade between three regions, using a commodity from one region as payment for commodities from another region. Its best-known example is the transatlantic slave trade that operated among Europe, West Africa, and the Americas in the 17th through 19th centuries.


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Answer 2

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