The pattern of overseas trade developed by New England merchants is known as the "triangular trade."

Name: The pattern of overseas trade developed by New England merchants is known as the "triangular trade."
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The "triangular trade" refers to the three-legged route that facilitated the exchange of goods and slaves between the Americas, Europe, and Africa, with New England merchants playing a significant role in this trade pattern, especially in the exchange of rum, slaves, and molasses.

The Pattern of Overseas Trade Developed by New England Merchants