An agreement between countries to encourage free trade and promote the group's collective economic interests is a(n)

A. trade bloc

B. absolute advantage

C. trade barrier

D. comparative advantage

Early 18th century british industries were generally small scale and relatively unsophisticated. most textile production, for example, was centred on small workshops or in the homes of spinners, weavers and dyers: a literal ‘cottage industry’ that involved thousands of individual manufacturers. such small-scale production was also a feature of most other industries, with different regions specialising in different products: metal production in the midlands, for example, and coal mining in the north-east.two illustrations of 18t

The london company was an english joint stock company established in 1606 by royal charter by king james i with the purpose of establishing colonial settlements in north america.