trade 1857-1914

Question 1

define free trade

Answer 1

freedom from commercial restrictions. no tariffs on trade

Question 2

example of when the government was ready to use violence to achieve free trade agreements

Answer 2

• Opium wars 1856-1860
  -br informal empire of china financed the activities of the BEIC, through the sale of opium

Question 3

how did empire trade
-ships and infrastructure?

Answer 3

fast ships= low volume, high-profit goods, tea, opium, spices
steamships= bulky & heavy goods

Question 4

how did empire trade?
-railways

Answer 4

railways provided invisible trade for Britain and the spread of railways within the empire facilitated commercial enterprise

Question 5

products of Empire
-agriculture

Answer 5

-Canada,Australia,New Zealand= raw materials, wool
-South Africa= sugar, coffee
-India= tea

Question 6

products of Empire
-mining

Answer 6

Nigeria=tin
Gold Coast= gold
Sierra Leone= diamonds

Question 7

products of Empire
-industry

Answer 7

Indian-run mills could not compete in price with imported Br. textiles, leading to the destruction of the Indian textile industry.

Question 8

imperial trade by 1914

Answer 8

-India took 20% of Br. total exports- £150 million.

Question 9

Colonial Loans & Colonial stocks Act 1899

Answer 9

-facilitated a number of infrastructure projects, including rail links into the African interior from the ports of Lagos and Mombasa

Question 10

importance of foreign trade

Answer 10

whilst trade with foreign countries increasing, with empire was almost static

Question 11

food imports to Br from empire

Answer 11

less than 10%

Question 12

imports from foreign countries

Answer 12

• 75% of imports to Britain came from countries outside of Empire.