Navigation Act: trade law (25 jul 1651 ano – 25 jul 1849 ano)

Descrição:

Mercantilism

- prevented colonists from selling their valuable products to any country except Britain

- colonies had to pay high taxes on imported French & Dutch goods


Britain's policies benefitted both colonies and the motherland
- Britain bought American raw materials for low prices
- Britain sold manufactured goods to the colonists
- colonial merchants also thrived despite trade restrictions

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