When the Dutch Established Their Trading Center on the Hudson

question 1

Multiple Choice

When the Dutch established their trading center on the Hudson River in present-day New York, who did they want to trade with?

• A) Iroquois to the west
• B) French to the north
• C) English to the south
• D) Algonquians to the east

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Definitions:

Exporting Jobs

The practice of relocating jobs and production facilities from one country to lower-cost or more efficient locations abroad, affecting the labor market in the country of origin.

Importing Products

Activities involving the bringing of goods or services from a foreign country into a domestic market.

Major Exports

Products or services that a country sells to others, which constitute a significant portion of its total exports and are crucial to its economy.

Production Resource Intensities

A term used to describe the amount of resources (labor, materials, energy) required to produce a specific good or service.