Notable Point ยท 52:38-53:29

English wool and French wine illustrate triangular trade

Selling English wool in Flanders to finance French wine illustrates how maritime commerce linked several markets.

Notes

English wool could be sold in Flanders to obtain money for French wine. Such a sequence linked three markets, and maritime trade often involved still more destinations. Modern container ships likewise follow routes connecting several markets. A simple picture of trade going back and forth between two countries can therefore miss the wider trading route.