List of Contents
Introduction to International trade
It refers to trade between countries outside geographical regions. It can also be define as trade which involves travel across seas and oceans.
The trans-Atlantic trade
It also referred to as triangular trade, because it was conducted between Africa, America and Europe across the Atlantic Ocean.
Origins of The trans-Atlantic trade
It began in 15th century as a result of Portuguese and Spanish exploration. At first Portuguese took slave to Europe, where they worked as domestic servants. In the 16th c. with the discovery and colonization of America, slaves were exported there from west Africa by European merchants.
Europeans in Portugal, Spain, Holland, France and Britain started plantation of sugar, tobacco and cotton in the lands. This created an agent need for cheap labour as indigenous red Indians were unwilling and unfit to work in the plantation. The solution to labour problem was found in Africa.
Why African slave were more preferred than other races?
Development of The trans-Atlantic trade
This was influenced by the activities of Portuguese as they were to sail to West Africa and established trade links. They captured a few Africans slave whom they took too Europe to work as domestic servants, they were shipped to Hispamola in 1510. The successes of their experiment lead to more slaves being shipped directly to America from Africa.
Factors that led for the development of trans-Atlantic trade
Organization of The trans-Atlantic trade
Methods used to acquired slaves in The trans-Atlantic trade
Reasons for the decline of The trans-Atlantic trade
Impact of The trans-Atlantic trade
Related Topics on Trade
Related Questions on Trade