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30 October, 10:38

Describe the imbalance of trade that occurred in the year after 1810

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  1. 30 October, 13:41
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    The foreign trade from 1789-1810 was mainly an exporting of raw materials and importing manufactured goods during the colonial period. Plain economic necessity had turned the settlers to agriculture. When excess food production became possible, economic specialism appeared. Although the seas were overspread with privateers and bandits and the ships used for trading were small and the long journey, the dangers of overland trading were still bigger and the returns more indefinite.
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