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[This concluding chapter provides a brief summary of how Anglo-Gascon trade and finance responded to the exogenous shocks of war, plague, and famine, as experienced by the wider late medieval European economy. It then defines the contradictory financial relationship between the duchy of Aquitaine and the kingdom of England and specifies the clearest changes across 1300–1500 within the context of the failure of political union in 1451–3. That tax yields were severely diminished because of unstable and declining commodities markets was certainly important. Nevertheless, despite the decline, royal rights over trade remained politically significant, and formed, in turn, a reason for Valois success.]
Published: Feb 23, 2020
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