trade between three continents or ports

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16-12-2015
Social Studies

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trade between three continents or ports

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Maureen3 Maureen3 · Answer 1 · 2015-12-16T03:13:21+01:00

Trade between three continents or ports is called triangular trade. There is often trade imbalance between the three ports or continents, because some of theses locations in the triangular trade rely more on imports or exports, and this usually takes place when one or more of these locations is lacking in a commodity and has to rely solely on import, while another relies quite a lot on export.