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Foreign trade increased under Kublai Khan's reign.
Herbert Hoover was Secretary of Commerce for both Harding and Coolidge.
Under capitalism, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
It started as "free trade" under the EU. Then it became the government . . . somehow.
i don't know really
In 1920, Calvin Coolidge was elected to serve as vice-president under Warren Harding.
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Herbert Hoover was the Secretary of Commerce under Harding and Coolidge and was later elected president in the 1928 election against Al Smith.
the Chinese had little interest in trading for goods produced in Europe
Despite the growth in trade and manufacturing, China did not develop the kind of commercial capitalism--private business based on profit--that was emerging in Europe. Some key differences between China and Europe explain this fact.In the first place, middle-class merchants and manufacturing in China were not as independent as those in Europe. Trade and manufacturing remained under the firm control of the government. Many Chinese looked down on trade and manufacturing as inferior to farming. The state reflected this attitude by levying heavy taxes on manufacturing and trade and trade and low taxes on farming.
It is is not under Europe or controlled by it. Poland is an independent country in the continent of Europe.
During this time, much of Asia was under Mongol control. The Silk Road was a major trade rote connecting Asia and East Europe.