How Did the Hebrews Handle Trade with Neighboring Societies

question 29

Multiple Choice

How did the Hebrews handle trade with neighboring societies?

• A)They established merchant houses in neighboring societies; small groups of Hebrews settled in the major trading cities throughout the Near East.
• B)Their merchants established trade alliances with foreign merchants throughout the Near East.
• C)They established a caravan trade with groups of Hebrews who sustained the nomadic tradition and traveled throughout the Near East.
• D)They traded with neighboring cultures largely through foreigners, especially the Phoenicians.

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Definitions:

Embargo

A quota that limits all forms of trade on entire categories of goods or services.

Quota

A quota is a statistical measure representing a fixed minimum or maximum number of a particular group of people allowed to do something, such as immigrating to a country, or a limit placed on trade.

Bilateral Trade Agreement

A trade deal between two countries to give each other preferential trade terms, reduced tariffs, and increased access to each other's markets.

Free Trade

The exchange of goods and services between countries without restrictive quotas, tariffs, or other barriers.