Section 5 Flashcards
1
Q
What did Britain apply regarding trade
A
Preferential tariffs or protectionism
2
Q
What was protectionism’s
A
England could buy goods from the Canada’s without import tax. This promoted the timber trade.
3
Q
What was adopted in the 1840s
A
Free trade
4
Q
In 1854 what was signed? With who? And until when did it last.
A
Reciprocity treaty
USA
1866
