B. In 1651 the British established a colony in present day Suriname. In 1667, the British and the Dutch exchanged colonies. The Dutch ceded Manhattan ( area 86.97 km²) to the British in exchange for the vast territory of Suriname (163, 820 km²), that lies on the northeast coast of South America. Suriname is natural resource rich country (gold, diamonds, oil, gas, bauxite, timber, agricultural lands). Suriname at the time wasa plantation colony producing sugar, rice, and indigo with African slave labor. Was this a fair exchange in your opportunity,

B. In 1651 the British established a colony in present day Suriname. In 1667, the British and the Dutch exchanged colonies. The Dutch ceded Manhattan ( area 86.97 km²) to the British in exchange for the vast territory of Suriname (163, 820 km²), that lies on the northeast coast of South America. Suriname is natural resource rich country (gold, diamonds, oil, gas, bauxite, timber, agricultural lands). Suriname at the time wasa plantation colony producing sugar, rice, and indigo with African slave labor. Was this a fair exchange in your opportunity,

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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