Henry VII: Economic Development - Trade with Burgundy Flashcards

1
Q

List all major trade events linked to Burgundy

A
  • 1493 - trade embargo
  • 1496 - Intercursus Magnus
  • 1506 - Intercursus Malus
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2
Q

What were the reasons behind the trade embargo?

A
  • Established in 1493
  • Henry placed a ban on all English trade with Burgundy after Maximilian backed Perkin Warbeck
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3
Q

What was the Intercursus Magnus?

A
  • Signed in 1496
  • Intercursus Magnus means Great Settlement
  • This trade treaty gave English merchants the right to trade freely throughout Burgundy, except in Flanders
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4
Q

What was the Intercursus Magnus?

A
  • Signed in 1506
  • Intercursus Malus means Evil Settlement
  • Part of Treaty of Windsor
  • This trade treaty gave English merchants such privileges in Burgundy that the Burgundians never implemented it
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5
Q

What was Henry’s attitude towards trade with Burgundy?

A
  • Henry was always prepared to jeopardise his trading relationship with Burgundy to put political pressure on the rulers of Burgundy
  • Trade was inconsistent
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6
Q

Why was trade with Burgundy important to England?

A
  • England’s main export was wool and woollen cloth
  • Main European cloth trading centre was Antwerp
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