Globalization and the Triangular Trade

The United States _______________ or brings in a lot of oil from countries in the Middle East like Saudi Arabia

• Exports

• Imports

• Triangular Trade

• Globalization

Europe, Africa, and the New World (North America, South America, and the Caribbean) were connected by trade through the Atlantic Ocean known as _______________________

• Tariffs

• the Middle Passage

• the Silk Road

• Triangular Trade

In 2019, the USA sent out or _________________ more than $7.6 billion dollars of corn to other countries.

• Exported

• Imported

• Tariffs

• Navigation

True or False: Triangular Trade is an example of Globalization?

• TRUE

• FALSE

Before the Age of Exploration, the only way for Europeans to get goods from Asia was by

• Sailing around Africa

• Sailing across the Atlantic Ocean

• Traveling by land along the Silk Road

• Flying in a hot air balloon

True or False: Globalization has been going on for thousands of years?

• TRUE

• FALSE

When countries place high taxes on imported goods, these are called ______________

• Economic Benefits

• Trade Surplus

• Exports

• Tariffs

Triangular Trade brought about many new crops and animals to the New World and Old World. This is an ______________________

• Economic Benefit

• Economic Cost

• Tariff

• Interdependence

The Triangular Trade led to an increase in the African slave trade which caused major depopulation to many parts of the African continent. This is _____________________

• Economic Benefit

• Interdependence

• Economic Cost

• Tariff

Are you excited for summer vacation?

• Most definitely (YES)

• Bruh (No)