
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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