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What was H7 interested in?
Maximising customs revenue
What are custom revenues?
Money collected by custom authorities from the importation of goods into a country
What was H7 willing to sacrifice to secure the dynasty?
Revenue and trade
What was he happy for Parliament to legislate?
Sectional interests
What did the biggest issue concerning trade stem from?
Embargo on trade with Netherlands in 1493 when Margaret of Burgundy supported Warbeck
Where did merchants require to trade from during the embargo?
Calais
How did the embargo end?
Intercursus Magnus 1496 -English merchants could export to any parts of the Duke of Burgundy’s lands except for Flanders, merchants granted justice and effective arrangements in place for disputes
Why did H7 panic again in 1503?
Claim of Earl of Suffolk being taking more seriously again in Burgundy
What did the minor importance trade treaties show?
Henry rated foreign policy and dynastic interests as higher than interests of English merchants
When were trading restrictions first removed?
1486
When did the trading restrictions reappear?
1487
What largely removed trading restrictions again?
Treaty of Etaples in 1492
What did the Treaty of Etaples encourage?
Anglo-French commerical relations
When was the last remaining restrictions removed?
1497
How was weaknesses in trading policy shown?
Attempt to make a breakthrough in Mediterranean trade failed and Hanseatic League limited development of English trading developments in the Baltic
When was the Navigation acts passed?
1485 and 1489
What were the Navigation Acts?
Ensure only English ships carried certain products in English ports- limited usefulness