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Government and Merchant Finance in Anglo-Gascon Trade, 1300–1500Money and Trade

Government and Merchant Finance in Anglo-Gascon Trade, 1300–1500: Money and Trade [Anglo-Gascon trade generated concurrent movement of gold and silver in coin or bullion, either through speculative activity or through trade imbalances. Both political and economic sources testify to net transfers into Aquitaine, largely from England, during 1305–c.1315, 1329–37, 1351–68, the 1390s, the 1420s, and post-1475, with outward flows to England or elsewhere in all other periods. Increasingly, proto-mercantilist bullionist ideas inspired capital and exchange controls to prevent such monetary flows. The activity of Aquitaine’s mints and the exchange rates between the livre bordelaise, the principal Gascon currency, the pound sterling, and livre tournois all show the deleterious effects of exogenous shocks, particularly war and plague, on the financial links between England and Aquitaine.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Government and Merchant Finance in Anglo-Gascon Trade, 1300–1500Money and Trade

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
ISBN
978-3-030-34535-8
Pages
95 –139
DOI
10.1007/978-3-030-34536-5_4
Publisher site
See Chapter on Publisher Site

Abstract

[Anglo-Gascon trade generated concurrent movement of gold and silver in coin or bullion, either through speculative activity or through trade imbalances. Both political and economic sources testify to net transfers into Aquitaine, largely from England, during 1305–c.1315, 1329–37, 1351–68, the 1390s, the 1420s, and post-1475, with outward flows to England or elsewhere in all other periods. Increasingly, proto-mercantilist bullionist ideas inspired capital and exchange controls to prevent such monetary flows. The activity of Aquitaine’s mints and the exchange rates between the livre bordelaise, the principal Gascon currency, the pound sterling, and livre tournois all show the deleterious effects of exogenous shocks, particularly war and plague, on the financial links between England and Aquitaine.]

Published: Feb 23, 2020

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