How does the geography of the united kingdom impact trade? a) countries are reluctant to trade with a nation that is so far north. b) it is in a part of europe that cannot be reached during winter months. c) other nations are too far away and cannot trade with them on a regular basis. d) it can be more expensive to import and export goods because it is an island nation.

the phenomenon that would be cited as evidence of increased economic interdependence between europe and the americas is  the development of mercantilism.

this theory suggests that the wealth of a country depends on its economic assets, or capital.

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during the debate over his landmark energy policy proposal, president jimmy carter failed to consult one of the most powerful senators, louisiana’s russell long, who would have a big say over whether the legislation moved through the upper chamber. this was classic carter. with a strong distaste for congressional politics, the president simply refused to do what most other presidents would consider routine, such as courting key senators. long became so irate with the president that when he was finally invited to a white house dinner, he stood up to ask a question and, before doing so, proceeded to sarcastically introduce himself: “i’m russell long, chairman of the senate finance committee.”

this interaction is a revealing moment in stuart e. eizenstat’s fascinating new history of carter’s presidency. the former peanut farmer from georgia was a president who, according to conventional wisdom, didn’t care much for party politics; nonetheless, in eizenstat’s view, carter’s legacy on domestic and foreign policy has been vastly underappreciated. the author paints carter as a “bold and determined” leader who bravely attacked the challenges of his time. eizenstat goes so far as to argue that carter might very well be the most successful one-term president in american history.