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20 September, 08:14

Which of the following statements describes the import/export economy of the Spanish colonies?

a. Raw materials were exported, and finished products were imported.

c. Raw materials were imported and exported with finished products being mostly imported.

b. Raw materials were imported, and finished products were exported.

d. Finished products were imported and exported with finished products being mostly exported.

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  1. 20 September, 08:17
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    The best statement regarding the import/export economy of the Spanish colonies would be that " a. Raw materials were exported, and finished products were imported," since raw materials like sugar were in high demand in Europe.
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