USA HISTORY

AMERICAN IMPERIALISM 1890 1919

THE SPANISH AMERICAN WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or False. The Panama Canal is still an important part of international trade.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The Panama Canal serves more than 145 of the world’s trade routes and the majority of canal traffic comes from the all-water route.

Detailed explanation-2: -The Panama Canal (PC) is the shortest operative route connecting maritime trade between the Atlantic and Pacific oceans. It is also the shortest passage for gas cargoes from the Gulf of Mexico to Northern Asia (Rodrigue 2015).

Detailed explanation-3: -The 48-mile-long (77 km) international waterway known as the Panama Canal allows vessels to pass between the Atlantic Ocean and the Pacific Ocean, saving about 8000 miles (12, 875 km) from a journey around the southern tip of South America, Cape Horn.

Detailed explanation-4: -Since it opened in 1914, the Panama Canal has been a marvel of engineering and one of the world’s most important trade assets. Roughly $270 billion worth of cargo crosses the canal each year. It serves more than 140 maritime routes to over 80 countries.

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