A window of opportunity: The role of independence in the Spanish American trade in Calcutta, 1795-1840
DOI:
https://doi.org/10.62120/mch.v1i3.25Keywords:
international trade, Asian history, Latin American history, sovereignty, balance of paymentsAbstract
With the Independence of its colonies the Spanish dollar lost commercial importance. However, it has been proposed that the nascent states integrated into new markets despite it. The analysis of the dollar imports and direct trade in the commercial reports of the East India Company in Calcutta show that Independence opened a window of opportunity. Trade was briefly high and complemented with a monetary flight of similar proportions that would benefit traders in India.
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