Final answer:
John Jay's Treaty included compensation for American merchants, abandonment of military positions, and an end to impressments, but did not require the US to treat Britain as its closest trade partner.
Step-by-step explanation:
John Jay's Treaty was a diplomatic agreement between the United States and Britain, signed in 1794. It aimed to resolve various issues arising from the Treaty of Paris, including protecting American trade from British interference. The treaty required Britain to compensate American merchants for their losses, demanded the abandonment of military positions in the Northwest Territory, and called for an end to the British Navy's policy of impressments. However, it did not require the United States to treat Britain as its closest trade partner.
Learn more about John Jay's Treaty