What is a balance of trade?
China/Japan Unit Flashcardziz

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•
History
•
10th Grade
•
Hard
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61 questions
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1.
FLASHCARD QUESTION
Front
Back
The balance of trade is the difference between a country's exports and imports.
2.
FLASHCARD QUESTION
Front
What did China's balance of trade look like before the Opium War?
Back
China had a trade surplus before the Opium War.
3.
FLASHCARD QUESTION
Front
What major goods did China export that other nations saw as luxurious?
Back
Silk, porcelain, and tea
4.
FLASHCARD QUESTION
Front
Why did the Qing dynasty begin to decline?
Back
The Qing dynasty began to decline due to poverty, corruption, economic troubles, and external pressures.
5.
FLASHCARD QUESTION
Front
What was the Opium War?
Back
The Opium War was between China and Britain over trading opium.
6.
FLASHCARD QUESTION
Front
What officially ended the Opium War?
Back
Treaty of Nanking
7.
FLASHCARD QUESTION
Front
What was the outcome of the Opium War?
Back
Britian gained significant territorial and trading rights
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