Trade deals with transactions for goods and services. Trade has historically been one of the chief ways in which individuals have interacted with each other. Trade is one of the main ways that countries interact with each other, as well as individuals interact with each other.

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Where is the Nemesis?

Where is the Nemesis today? Is it simply 'lost at sea', at a museum somewhere, or more likely (as it was an EIC vessel), was it sold for scrap? I did a brief search (of the web), but couldnt find ...
8
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3answers
283 views

Why was gold so popular and valuable back when it did not have many real world uses?

I'm talking about back when it was first starting to get discovered, like 2000 B.C. (roughly). Gold was being used for coins, jewellery and more. It was a very well known commodity and accepted ...
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1answer
74 views

How did native Americans and European colonists conduct their trades?

I'm curious to know how Natives Americans and Europeans colonists traded during the colonization of north-east America. what kind of currencies (if any) were used? Or did they barter?
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3answers
682 views

What motivated Marco Polo to share his trade knowledge?

In his book written with the help of Rustichello da Pisa, The Travels of Marco Polo, Marco Polo (c. 1300) spent much time describing the various products available at different places. Such knowledge ...
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0answers
73 views

Have economic sanctions prevented or inhibited wars? [closed]

The current escalation of armed conflicts and the complex geopolitical landscape keeps me thinking on how to avoid future wars. The only long term definitive solution I could think of is replacing ...
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3answers
474 views

Why was spice trade so profitable in the 15th century? [closed]

During the 16th century, Portuguese captured Melaka to dominate the lucrative spice trade; other city states such as Aceh, Banten, Brunei and Pegu also sprung up by exporting and trading spices. ...
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2answers
102 views

Have majority European descent countries ever been seen by other European descent countries as a threat to manufacturing?

As far as I'm aware, in Australia, currently only countries which are predominantly made up of people not of European descent, such as China, are seen as a "threat" to Australia's manufacturing. Have ...
3
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2answers
228 views

Spain's tributary empire vs. Portugal's seaborne empire

While the Spanish built a huge colonial empire in the Americas, why didn't Portugal colonize the South Asian coast and only aimed at controlling trade? Why did these empires pursue such different ...
4
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1answer
131 views

Were there interstate tariffs before the US Constitution (1789)?

I've heard many times that the Commerce Clause of the US Constitution was (in part) designed to end tariffs between the thirteen states. Now that I'm trying to learn about those tariffs, I'm having a ...
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1answer
79 views

Chemical Evidence for Ancient Trans-Atlantic Trade

I remember reading a book some years ago that claimed there was chemical evidence of trans-Atlantic trade in ancient times from traces of cocaine being found in Egyptian mummies. I cannot remember ...
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3answers
398 views

Who were the traders involved in the triangular slave trade? [closed]

There is currently a big polemic in French news media about antisemitism. A French comedian is accused to propagate antisemitic ideas in France. I have no intention to propagate this polemic on this ...
2
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2answers
148 views

Wanderwort origins and the Indus Valley Civilization?

I have noticed that there seem to be many words that have travelled the globe due to trade, such as the word orange or rice, which have plausible origins in proto-Dravidian. Meanwhile, it is ...
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3answers
581 views

How did the Dutch East India Company (VOC) have so much revenue when they only control small part of Indonesia?

According to this, the VOC only controlled some ports, cities (like Batavia/Jakarta) and its surrounding. Yet, it seems to be a very successful corporation, mostly benefiting from the natural ...
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2answers
272 views

Did the United States ever impose any trade embargoes on the basis of health related concerns? [closed]

Did the United States (particularly in the 20th century) ever impose any trade embargoes on the basis of health related concerns? Are there instances where the U.S. said that if Country X doesn't meet ...
15
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2answers
573 views

How did Muslim traders raise investments given Islam's prohibition of usury?

During early caliphate era (7th-13th century), Muslim traders dominated trade in Indian Ocean and the Mediterranean (see here and here for example). I think Islam's prohibition of interest or usury ...
5
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1answer
184 views

Who invented psychological pricing?

Psychological pricing sets price to slightly below a round value, (e.g. $19.99 instead of $20) The seller reduces the price by the smallest possible unit, but relies on the customer to perceive a ...
14
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1answer
381 views

Where was the furthest extent of Arabian trade explorations?

Traders from Arabia travelled to and traded with Roman and Asian empires and this Nabataean Sea Merchants article. How far did Arabian traders travel - where was the furthest extent of their ...
2
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1answer
123 views

What was traded on the Chicago Board of Trade in the mid 1800s?

The Chicago Board of Trade was the world's first futures and options exchange, trading various kinds of commodities (I think mostly agricultural, but I'm not sure). When it first opened in 1848, what ...
7
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1answer
96 views

How big was the kapa trade out of Hawaii?

The production of kapa bark cloth was a major industry in premodern Hawaii. Once Hawaii was opened to the outside world (1778 and onwards), was kapa exported from Hawaii? Was it a significant trade ...
9
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1answer
243 views

When did retailers stop wrapping purchases in paper and twine?

Listening to stories from relatives, it sounds like it was a near-universal practice (in the US, before the 1970s) to wrap retail purchases with brown paper and twine. Searching for information about ...
14
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2answers
322 views

Medieval Saharan Caravan Navigation

During the medieval times, trade caravans using camels criss crossed the Sahara and Meghreb. For example, salt caravans from the Empire of Mali to the near east. I've wondered for a long time how ...
7
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1answer
433 views

How did ancient Nomadic communities conduct trade? [closed]

Given that nomads are always on the move, how would you conduct trade with one another? Or maybe a better question did they even conduct trade with one another? Were there always cities/villages ...
5
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1answer
589 views

Could medieval European merchants travel through the Islamic world?

I've heard that the Islamic world was closed to European merchants in the Middle Ages. Is this true? If so, when did it close and when did it open again?
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5answers
308 views

Is there a link between national debt/trade deficit and starting a war?

I saw in an article mentioning that there is a link between national debt and starting wars I don't recall where I've seen it mentioned to look for further references on the matter. Are there known ...
9
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1answer
240 views

Was there an export industry of papyrus from ancient Egypt?

While researching the orphism question I came across a mention of the Derveni Papyrus. While its content is highly interesting, I got curious as to how a papyrus showed up in 4th century BCE Macedonia ...
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6answers
612 views

Why didn't the silk road run north of the Black Sea?

I have read many times that the only way for Europeans to get to China, or vice versa, was through Anatolia and Persia. This gave Istanbul an advantage in throttling trade, as well as Mesopotamia and ...
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2answers
1k views

Status of merchants in feudal Europe

What was the status of merchants during the feudal age in Europe? Did they, like peasants, serve/have allegiance to certain land owning lord? If yes, do they have different status or privileges from ...
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1answer
478 views

The value of spice trade during the age of exploration

One of the initial motivations for the Europeans in sending exploration voyages was to find cheap spices. To be worth such expensive and risky mission, spices must have been worth a lot and must have ...
10
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2answers
153 views

When was grass seed first imported specifically for aesthetic reasons?

Wikipedia states that the term lawn dates to no earlier than the 16th century, and that in early 17th century Europe the concept of a closely cut lawn was born. I understand that certain luxuries were ...
7
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3answers
370 views

How did people acquire things in the pre-Roman Celtic world?

Today, when you want to acquire something that you don't make yourself, you buy it with money. How did people acquire things in the pre-Roman Celtic world? Let's say you wanted to acquire something ...
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1answer
79 views

Is there a different view by political-scientist in history that printing more bill is different from adding few more zeros in a bill [closed]

Is there a different view by political-scientist in history mention that printing more bill is different from adding few more zeros on the bill. I know some Africa country tend to doing that.
3
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1answer
123 views

Book on history of international trade

I have just finished reading the book Taipan by James Clavell and I am fascinated by the history of International Trade and merchants and how they have affected the course of history. Can I get a ...
20
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3answers
2k views

When was Silver ever more valuable than Gold?

These days we pretty much take it as a given that gold is more valuable than silver. The obvious example is the Olympics and other such competitions that give "gold" medals for first place and ...
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2answers
4k views

How did Europeans first acquire gunpowder?

I know that gunpowder was first invented in China around the 10th century, and it seems that gunpowder likely made its way to Europe via the "Silk Road." However, there doesn't seem to be a ton of ...
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3answers
3k views

When and where was salt as valuable as gold?

I have often heard that gold and salt were sometimes considered of equal value. When and where did that occur?
19
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3answers
8k views

Why did China shut itself out of the world in the 15th century?

After a period of maritime explorations (see Zheng He) in the early 15th century, the Ming Dynasty started shutting the Middle Kingdom out of the rest of the world. This of course continued with the ...
17
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2answers
865 views

Has mercantilism ever been successful?

Mercantilism, which includes protectionism, industrial policy, capital controls, and other distortions to trade, is generally viewed by economists today as unsound economic policy. An overwhelming ...
20
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3answers
484 views

First evidence for replacement of barter trade by local abstract currency?

What were the first local currency systems in history we have detailed information on? I dont think it was gold/silver or other hard to produce materials. Probably these became more important ...
9
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7answers
362 views

First evidence of intercontinental or cross-cultural trade?

Probably this happened several times and maybe even failed and broke up in different regions. What hints and proofs do we have of the earliest succesful intercontinental trade relations? I assume ...