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What are great Britain major imports and exports?

Great Britain's major exports include machinery, vehicles, pharmaceuticals, and financial services, reflecting its advanced industrial and service sectors. Key imports consist of machinery, vehicles, crude oil, and consumer goods, with significant trading partners including the European Union, the United States, and China. The balance of trade can fluctuate based on economic conditions, currency exchange rates, and global demand. Overall, the UK's trade profile showcases its position as a global economic player.


How did mercantilism affect of Great Britain and colonies?

Mercantilism significantly influenced Great Britain and its colonies by promoting a system where the colonies existed primarily to benefit the mother country. This economic theory encouraged the accumulation of wealth through a favorable balance of trade, leading Britain to impose strict regulations on colonial trade to ensure that raw materials were sent back to Britain for manufacturing. In turn, the colonies were often restricted in their trade with other nations, fostering resentment and contributing to the desire for independence as they sought greater economic autonomy and opportunities. Overall, mercantilism shaped the economic relationship between Great Britain and its colonies, ultimately sowing the seeds of conflict.


How did mercantilism benefit great Britain?

it didn't


What is the curreny of Great Britain?

The British Pound


What is the monetary unit in Great Britain?

Pound sterling

Related Questions

In the S's how did great Britain find a way to balance its trade with china?

In the 1700's Great Britain began smuggling opium illegally into china.


In the 1700s how did Great Britain find a way to balance a trade with China?

In the 1700's Great Britain began smuggling opium illegally into china.


In the S's how did the Great Britain find a way to balance its trade with China?

In the 1700's Great Britain began smuggling opium illegally into china.


In the 1700's how did Great Britain find a way to balance its trade with China?

In the 1700's Great Britain began smuggling opium illegally into china.


How did great Britain find a way to balance it's trade with China in the 1700's?

In the 1700's Great Britain began smuggling opium illegally into china.


In the 1700s how did Britain find a way to balance its trade with China?

In the 1700's Great Britain began smuggling opium illegally into china.


How did Great Britain find a way to gain power in china and shift the balance of trade nova net?

Great Britain began to smuggle drugs into china balancing the trade.


In the 1700s how did great Britain find a way to balance it's trade with chine?

Britain began smuggling opium into China.


How did Great Britain find a way to gain power and china and shift the balance of trade?

Britain began smuggling illegal drugs into China.


Is Japan closest to great Britain France or China?

China


How do you spell great britten?

The correct spelling is Great Britain.


How do you spell symbolizes?

'Symbolizes' is the correct spelling. 'Symbolises' is common in Great Britain.