-----Mensagem original----- De: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]Em nome de Michael Perelman Enviada em: quarta-feira, 21 de janeiro de 2004 22:59 Para: lbo-talk at lbo-talk.org Assunto: Re: RES: [lbo-talk] Is India Exploited by imperialism?
exactly! But the English were able to get their Port. We would call it Freedom Port because it replaced the wines of the hated French.
On Wed, Jan 21, 2004 at 11:53:02PM -0200, Alexandre Fenelon wrote:
-Well, Portugal was probably not the first country deceived by the fallacy of "comparative advantages". What amazes me is to have elites (like in my country) who believe we can be very happy and rich by exporting agricultural commodities and importing computers....
http://www.econlib.org/library/YPDBooks/List/lstNPE5.html
In the year 1703, after the death of Count Ereceira, however, the famous British ambassador Paul Methuen succeeded in persuading the Portuguese Government that Portugal would be immensely benefited if England were to permit the importation of Portuguese wines at a duty one-third less than the duty levied upon wines of other countries, in consideration of Portugal admitting English cloths at the same rate of import duty (viz. twenty-three per cent.) which had been charged upon such goods prior to the year 1684. It seems as though on the part of the King the hope of an increase in his customs revenue, and on the part of the nobility the hope of an increased income from rents, supplied the chief motives for the conclusion of that commercial treaty in which the Queen of England (Anne) styles the King of Portugal 'her oldest friend and ally'—on much the same principle as the Roman Senate was formerly wont to apply such designations to those rulers who had the misfortune to be brought into closer relations with that assembly.
I.V.7 Directly after the conclusion of this treaty, Portugal was deluged with English manufactures, and the first result of this inundation was the sudden and complete ruin of the Portuguese manufactories—a result which had its perfect counterparts in the subsequent so-called Eden treaty with France and in the abrogation of the Continental system in Germany.
I.V.8 According to Anderson's testimony, the English, even in those days, had become such adepts in the art of understating the value of their goods in their custom-house bills of entry, that in effect they paid no more than half the duty chargeable on them by the tariff.*51
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