POLS 3125 Lecture Notes - Lecture 9: Common External Tariff, Monetary Policy, Mercantilism
Document Summary
Confederation and the british north american act 1867. Main reasons for confederation: britain wanted to become less involved in the governing of their colonies a new system of government to help solve the continuing problems between the english- and. French-speaking: us expansionary policies, greater combined revenue for canals and railroads, create greater stability in governing, britain wanted to minimize wars and its military involvement. Two key economic factors integrating the economies of colonies was seen as a logical response to the economic implications of the breakdown of the british mercantile system and the end of the. Reciprocity treaty with the usa: confederation was seen as an institutional arrangement that would guarantee the transcontinental economic expansion. The failures of the experimentation with custom union (1840-41: had been created in 1791, no tariffs between them; common external tariff policy. N latitude established free trade between the two states in a considerable list of natural products.