The Imperial Response to ‘Free Trade

Spanish Imports from Spanish America, 1778–1796

Datos Bibliográficos

ID7856757
AutoresJohn Fisher (0000-0003-1922-0145, autor de correspondencia)
Año1985
Volumen17
Número1
Páginas35-78
Fecha de publicación1985-05-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Latin American Studies (JOURNAL)
Identificadores de la revistaISSN: 0022-216X • E-ISSN: 1469-767X
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022216x00009196
OpenAlexW1553874883
IdiomaEN
Citas recibidas7
Referencias citadas1

The present study comprises the results of the second stage of a research project into the general question of trade between Spain and its American empire in the period 1778–96. The historiographical context of the project, and the significance of the time scale, were explained in an article published in 1981, which analysed the consequences for Spain's economy, its regions, and its major ports of the greater freedom to export to America provided by the decree of free trade of 1778. Using as its basic source the registers of 3,809 ships which sailed from Spanish ports for America between 1778 and 1796, that work produced the following principal conclusions, (i) Free trade promoted a massive expansion in the value of exports from Spain to America. The rise was uneven, but in the period 1782–96 as a whole their average annual value was 400 % higher than in the base year of 1778. (ii) The share of Spanish products in total exports from Spain to America rose from 38% in 1778 to an average of 52% in 1782–96. (iii) Despite the impossibility of measuring with precision the relative importance of Spanish manufactures and agricultural goods in exports, it seems that agricultural producers were more responsive than industrialists to the wider opportunities in the American market offered by free trade

Economics · Free trade · International trade · Historical Economic and Social Studies · Historical Studies on Spain · History and Politics in Latin America