Richard Hakluyt illustrates how important trade was during 1584 by emphasizing the increase of trading wool for example, #5 states, “It comes to pass that by the greater endeavor of the increase of trade of wool in Spain and in the West Indies now daily more and more and more multiplying.” The trade of wool was becoming more important. Which made wool one of them most traded items . Wool, spices, figs, bark and may other thing were also trade by then. Over the 400 years trade stills remains. Trade has become cortical to states prosperity; by fueling economic growth raising living standards. Trade keeps the economy open. Examples of trade is the Tea Trade. Where tea is imported from China and is purchased in the US. …show more content…
Without having isn't conflict with other countries. A strong navy is still very much important in the 20 century. More than 90% of the import and export trade is via sea. A strong Navy is important for maintaining a peaceful trade route for merchant. Example of Navy at use is strong ships used to transport merchant from China to