Listen

Description

You can send a text, include contact info to get a response.

To what extent does foreign trade contribute to the Industrial Revolution.

There is certainly some entanglement and a weak case can be be built for the idea that it was important.  A strong case that foreign trade was vital to the Industrial Revolution or causal in some sense, can not be made.

There is also a explanation of the effects of tariffs,  which at 60% were much higher than moderns expect, on both reducing the gains from trade, but also being a source of revenue for government.  In the context of the 2nd Hundred Years War, trade was both a goal and a battlefield.

We start with Louis XIV and Colbert and build from there.