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                    History
                
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Ten years later William Pitt laid further foundations for free trade with a commercial treaty with France abolishing protective duties. But the real change in free trade principles came in 1823 with William Huskisson's Reciprocity of Duties Bill, which relaxed the protectionist Navigation Acts. (Marchant) But by the late 18th to 19th century, Britain along with other European nations had a great trade deficit with China...
        
        
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But the real change in free trade principles came in 1823 with William Huskisson's Reciprocity of Duties Bill, which relaxed the protectionist Navigation Acts. (Marchant) But by the late 18th to 19th century, Britain along with other European nations had a great trade deficit with China. Europeans had great demands for Chinese goods such as silk and tea, but only limited access to these goods...
        
        
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            General points of the essay
            
                                    Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi...
                                    Discuss the history of Australia regarding trade policies and moving from protectionist to free trade.
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