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A soft touch? British industry, empire markets, and the self-governing dominions, c.1870–1914

Authors :
Gary B. Magee
Andrew S. Thompson
Source :
The Economic History Review. 56:689-717
Publication Year :
2003
Publisher :
Wiley, 2003.

Abstract

The belief that Britain's empire markets were soft is well entrenched in the literature. It is, however, a belief that has been largely untested. Indeed, the literature does not even offer an explicit definition of softness. This article attempts to fill this gap by discussing the meaning of the term and then posing the question whether between 1870 and 1914 Britain's fastest growing markets—Australasia and Canada—can in fact reasonably be labelled soft, as has often been assumed. The article concludes that the demand for British imports in these markets was driven more by considerations of income and price than by colonial sentiment or preference.

Details

ISSN :
14680289 and 00130117
Volume :
56
Database :
OpenAIRE
Journal :
The Economic History Review
Accession number :
edsair.doi...........a29c92367afdc358e6cef9bd55ac1b8e
Full Text :
https://doi.org/10.1111/j.1468-0289.2003.00266.x