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Published online by Cambridge University Press: 22 April 2010
The discovery of new areas beyond the Atlantic Ocean and the pioneering of a new searoute via the Cape to the Indian Ocean led to expansion of western Europe in the sixteenth century. There of course followed the development of trade routes to the new areas outside Europe, but there was also a significant expansion of trade inside Europe and the Middle East, as well as changes in existing trade and production patterns. These are the subject of this paper.