Privileges granted to foreign traders by English King, Edward I

Historical Context Note

Litencyc Editors (Independent Scholar - Europe)

The Literary Encyclopedia. Volume 1.2.1.02: English Writing and Culture: High and Late Medieval, 1066-1485.
Vol. editors: Kate Ash-Irisarri (University of Edinburgh), Rory Critten (Université de Lausanne), David Fuller (University of Durham), Natalie Hanna (University of Liverpool), Hugh Magennis (Queen's University Belfast), Jamie McKinstry (University of Durham), Sarah Peverley (University of Liverpool), Sebastian Sobecki (Rijksuniversiteit Groningen)

Domains

Trade and exchange of goods

Dates

Date of occurrence 1303

Places

England (Location)

Through the 'Carta Mercatoria', a charter granted to foreign merchants in England by King Edward I, these traders gained guarantees of various privileges. They were promised freedom to trade, protection by the law, and exemption from tolls, as well as an assurance that their duty rates would not increase. This was unpopular with English merchants, as it seemed to put their overseas rivals at an advantage, so the charter was revoked under the reign of Edward II. However, merchants from the Baltic countries of the Hanseatic League retained preferential treatment under the terms of a replacement treaty agreed by Edward III in 1334.

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102 words

Citation: Editors, Litencyc. "Privileges granted to foreign traders by English King, Edward I". The Literary Encyclopedia. First published 31 July 2012 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=9346, accessed 23 November 2024.]

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Privileges granted to foreign traders by English King, Edward I

Domains

Dates

Places

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