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Monopoly in trade

Monopoly in trade

Point 4 of 6 — Lesson 13: Economy and Society under Muhammad Ali – The Monopoly SystemQuestion bank: 0 questions (0 with pictures)

04Monopoly in trade

  • Internal trade: Muhammad Ali monopolised the marketing of all agricultural crops.
  • Foreign trade: the state itself sold directly to foreign merchants, at home and abroad.
  • It monopolised the trade in imports and did not encourage importing, because he held that a strong state is one whose exports exceed its imports.

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