Which of the following best describes the authors claim regarding price competition among products?

journal article

The limits of globalization in the early modern world

The Economic History Review

New Series, Vol. 63, No. 3 (AUGUST 2010)

, pp. 710-733 (24 pages)

Published By: Wiley

https://www.jstor.org/stable/40929823

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Abstract

This article reviews the ways in which historians and economists have applied the term 'globalization' to the early modern era. It distinguishes a soft and a hard definition, and goes on to test the claims made about the driving forces shaping the growth and character of long-distance trade between Europe and Asia in the age of the European trading companies. On the basis of new estimates of the volume and value of European trade with Asia, the article concludes by identifying the factors limiting the growth of trade in this period.

Journal Information

The Economic History Review publishes articles based on original research on all aspects of economic and social history. The Review is edited on behalf of the Economic History Society by leading scholars. It has been published since 1927 and is one of the world's leading journals in the field. The Review welcomes contributions based on the full range of methodological approaches used by economic and social historians and is pleased to publish high quality research on the economic and social history of any area of the world. The emphasis is on broad coverage of themes of economic and social change, including their intellectual, political and cultural implications. In addition to regular papers, some issues contain contributions to a series of 'Surveys and Speculations' which are more reflective survey articles. For many years past a comprehensive annual list of publications on the economic and social history of Great Britain and Ireland has been published. Each issue also contains a substantial number of book reviews. JSTOR provides a digital archive of the print version of Economic History Review. The electronic version of Economic History Review is available at http://www.interscience.wiley.com. Authorized users may be able to access the full text articles at this site.

Publisher Information

Wiley is a global provider of content and content-enabled workflow solutions in areas of scientific, technical, medical, and scholarly research; professional development; and education. Our core businesses produce scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising; professional books, subscription products, certification and training services and online applications; and education content and services including integrated online teaching and learning resources for undergraduate and graduate students and lifelong learners. Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley has published the works of more than 450 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace. Wiley has partnerships with many of the world’s leading societies and publishes over 1,500 peer-reviewed journals and 1,500+ new books annually in print and online, as well as databases, major reference works and laboratory protocols in STMS subjects. With a growing open access offering, Wiley is committed to the widest possible dissemination of and access to the content we publish and supports all sustainable models of access. Our online platform, Wiley Online Library (wileyonlinelibrary.com) is one of the world’s most extensive multidisciplinary collections of online resources, covering life, health, social and physical sciences, and humanities.

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