Chapter 9 - Trade and Commerce Flashcards
How much did Britain export to India?
£150m worth of goods
20% of all British exports
What were the good traded from different countries?
Wool + Sugar - SA + Australia
Dairy + lamb - New Zealand
Beef + wheat - Canada
Why was Canada important for trade for Britain?
Supplied 10% of British beef
6x times increase in Canadian land for wheat
What products did Britain export from West Africa?
. Timber
. Cocoa
. Rubber
. Peanuts
. Palm oil
How much had Britain imported in 1894?
64 million hundred weight of wheat
30.7 million from USA
17.2 from Russia
3.6 million from Canada
How much was Britain’s total trade worth in 1896?
£745m
How much was trade in the empire worth?
£183m
What % of British exports did Tropical Africa take?
1.2%
How much did British investment increase by in 1913?
£2bn to £4bn
What was imperial preference?
Imperial trade - trade within empire over trade with other countries
Favoured by Chamberlain