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Author Question: Merchant banks and land mortgage companies were the result of the expansions in the transportation ... (Read 53 times)

cabate

  • Hero Member
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  • Posts: 537
on: Jun 30, 2018
Merchant banks and land mortgage companies were the result of the expansions in the transportation and industrial systems.
 
  Indicate whether the statement is true or false

Question 2

Exports from and imports to the U.S. were important to growth in the U.S. between 1790 and 1860 because
 
  (a) exports to other countries expanded the market base for U.S. manufacturing goods.
  (b) they supported the U.S. economy during a time in which it used more agricultural goods
  and crude materials than it produced.
  (c) they helped the U.S. and its trading partners gain wealth through international trade of those goods and services in which each produced at a comparative advantage.
  (d) they contributed to all of the above.


kiamars2010

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  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

(c)


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