Triangular Trade
From High School Online Collaborative Writing
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[edit] Definition
The Triangular Trade was a trade that people were doing after the American Revolutionary War. This typically involved exporting raw resources such as fish, lumber, and fur from BNA colonies, sugar from the Caribbean, and various commodities(An article of trade or commerce, especially an agricultural or mining product that can be processed and resold) from Great Britain. Triangular trade was a trade that people were doing after the American Revolutionary War. Another characteristic of the Trangular Trade was to trade humans for spices such as peppers, sugar etc.
European trading ships would sail to Africa to buy slaves and then go to Carribean Islands to sell them before having to go back to Europe with agricultural products. All this sailing forms a triangle on the map.
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"The United States will pay a sum of twenty million dollars ($20,000,000) within three months after the exchange of ratifications of the present treaty...)
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