LWSO 337 Lecture 25: The Commonwealth
Document Summary
With membership in the commonwealth organization which allowed them to maintain economic and political ties with the uk. All of these countries retained the british monarchy at least for a time. 1926: the uk and dominions agree that they are equal in status and that each possesses national sovereignty. 1931: the commonwealth of nations is formed, formally relinquishing the control of the british parliament over the affairs relinquishing the control of the british parliament over the affairs of the dominions (their constitutions, however, remained in. Each dominion gained independence in its foreign policy and all domestic legislation, becoming practically independent. The commonwealth was important as a method to combat the. Depression by creating a preferential trade zone between the most developed british economies. Without it, each of the dominions would have gone its own direction in matters of trade and probably not preferred british goods over closer sources.