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The Political Economy of Merchant Empires: State Power and World Trade, 1350-1750
The Political Economy of Merchant Empires focuses on why European concerns eventually achieved dominance in global trade in the period between 1450 and 1750, at the expense, especially in Asia, of well-organised and well-financed rivals. The volume is a companion to The Rise of Merchant Empires, also edited by James Tracy, which dealt with changes in the growth and composition of long-distance trade during the same period.
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