trade and commerce Flashcards
Imperial Federation League disbanded
1893
trade worth £745 million only £183 million with Empire
1896
Tropical Africa took only 1.2% British exports
1897
Colonial Loans abs Stocks Act facilitated a number of infrastructure projects e.g.
rail links to Africa
1899
London hosted Colonial Conference for Dominion Leaders - proposed imperial preference
1902
Chamberlain resigned to form the Tarrifs reform league
1903
Australia, NZ, SA places protective tarrifs on Britain to protect their trade and national identity
1914
Great Depression, saw collapse of international trade and markets for British exports
1930
financial crisis - britain forced off the ‘Gold Standard’
1931
Ottawa Conference - britain introduced 10% tax on all imports crown colonies were exempt
1932
Colonial Development and Welfare Act - wrote off some colonial debts and provided colonial grants up to £5 mill a year
1940
Sterling Crisis - Britain ran out of dollar reserves within 6 weeks
1947
British choose not to joking EEC set up by EFTA
1957
britain denied membership of the EEC
1967
britain joined EEC
1973