Henry VII: Economic Development - Trade with Burgundy

Question 1

List all major trade events linked to Burgundy

Answer 1

• 1493 - trade embargo
• 1496 - Intercursus Magnus
• 1506 - Intercursus Malus

Question 2

What were the reasons behind the trade embargo?

Answer 2

• Established in 1493

- Henry placed a ban on all English trade with Burgundy after Maximilian backed Perkin Warbeck

Question 3

What was the Intercursus Magnus?

Answer 3

• Signed in 1496
• Intercursus Magnus means Great Settlement
• This trade treaty gave English merchants the right to trade freely throughout Burgundy, except in Flanders

Question 4

What was the Intercursus Magnus?

Answer 4

• Signed in 1506
• Intercursus Malus means Evil Settlement
• Part of Treaty of Windsor
• This trade treaty gave English merchants such privileges in Burgundy that the Burgundians never implemented it

Question 5

What was Henry’s attitude towards trade with Burgundy?

Answer 5

• Henry was always prepared to jeopardise his trading relationship with Burgundy to put political pressure on the rulers of Burgundy
• Trade was inconsistent

Question 6

Why was trade with Burgundy important to England?

Answer 6

• England’s main export was wool and woollen cloth

- Main European cloth trading centre was Antwerp