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It is often assumed that Britain’s colonies followed the British doctrine of free trade in the second half of the nineteenth century. Malta, which became a British colony in 1814, did indeed become an early free trader. However, she failed to liberalize the grain trade, even when the mother...
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This paper provides evidence that transatlantic commodity market integration began prior to the first era of globalization at the end of the nineteenth century. It does so by giving a long term perspective to the story of the development of an Atlantic Economy in wheat between the United States...
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