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date: 19 September 2020

Foreign Trade, U.S. 

The Oxford Companion to United States History
Paul P. AbrahamsPaul P. Abrahams, Paul S. BoyerPaul S. Boyer

Trade and commerce have had a formative influence on America from the Colonial Era onward. The British colonial system embraced the doctrines of mercantilism, with its closely regulated trade, restricted economic development, and unfavorable balance of payments for the American colonists. After independence, Americans melded the free-trade doctrines of Adam Smith's ... ...

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