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Earn +20 ptsQ: Why was the British grant of most-favored nation status important for American merchants?
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Continue Learning about American Government
In 1786 the British closed many markets to the new American merchants which created what?
tariff
How did the English government plan to bind the Cherokees to restrictive trading agreements only with British settlers and merchants?
give them british money for goods.
What caused the depression after the revolution?
Southern plantations had been damaged during the war, and rice exports dropped sharply. Trade also fell off when the British closed the profitable West Indies (Caribbean) market to American merchants. What little money there was went to pay foreign debts, and a serious currency shortage resulted.
Why did the Americans agree to allow British merchants to collect debts owed to them?
I think it's because they won the Revolutionary War and they were doing something nice for the British.
As a result of the opium wars british merchants gained access to?
great Britain gained what? as a result of the opium war was?
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