The Hanseatic League and the European Union

Economically, during this period Italian merchants were able to expand their trade from the Mediterranean to other areas along the Atlantic seaboard (334). They became in contact with the increasingly powerful Hanseatic League of merchants. When the Italian merchants became hit by the plague, the Hanseatic League of Merchants continue to flourish.

The European Union (EU) is a unique economic and political partnership between 28 different countries. It consists of about half a billion citizens, and its combined economy represents about 20 percent of the world’s total economy (Briney, 2015). Today The European Union works as a single market, with free movement of people, goods and services from one country to another. There is a standard system of laws to be followed, and since 1999 many countries share a single currency called the Euro (Europa.eu, 2015). This essay will explore the background history of the European Union and the benefits and drawbacks of the European Union.

Urban seaports: Cities like Boston, New York, Newport, Philadelphia, Charleston became major urban seaports and commercial centers populated by rich and poor alike.

iii.The trade introduced new products to Europe and European products to peoples around the world.

Trading during the Post-classical era from 1000-1450 C.E. were what the many civilizations at that time heavily relied on, it had flourished and arouse to the point where many alliances were created. Many big cities were most notably successful in their trading and alliances. Smaller cities were also able to succeed by having alliance with one another; German Hansa in North Europe and the Swahili cities along the coast of East Africa were among the most successful cities in their trade organizations. Hansa and Swahili shared many similarities; they both craved for money and desired to emphasize their trading sites to extend. Their differences were as important, they were different in their economical, cultural

It made Venice get permission and did not allow them to trade unless it was for resources they really needed. Overall, trade became an important force and had many effects in the emergence of modern

New state policies and trade facilitators helped factors that encouraged commercial growth was that. The Hanseatic League was created to protect trade and made it less dangerous for the people that traded goods, it had its

In considering the international realm, let’s consider the concept of economic treaties. Specifically, let's think about an organization like the European Union (EU). Why was it formed? In addition, what are some of the objectives of the nations that are joining the EU?

During the period of 1450 to 1700, Europe flourished economically, leaving a growing population craving access to lush Asian goods. However, with the fall of Constantinople in 1453, the Ottoman Empire assumed control over the coveted trade routes, creating obstacles for European merchants who neither had goods to offer or shared a common religion with such folk. These hurdles, along with the religious zeal of Christian missionaries and curiosity of European mariners led Western Europe to look elsewhere, specifically the Atlantic, for new trade routes. Although the hypothetical “Northwest Passage” was never found, Atlantic trade, more commonly known as the Columbian Exchange, boomed. With its primary commerce in slaves, silver, and spices, this

The majority of trade was local between artisans and citizens, however the government was involved with a lot of long distance trading using silver as the base currency

Added tension came from the Byzantine relationship with the Venetians. Because of a trade agreement, Venetians did not have to pay custom duties on imports and exports. In addition, Venice took control of several Byzantine trade routes. As a result, the trade profit of Byzantine merchants decreased significantly.

This had a huge effect of their wealth in their countries because only you could sell your items to other countries. Furthermore, new markets were another reason that the Europeans wish to imperialize. New markets were important because they were required in order to sustain

Once upon a time a group of wise, sober, and honest traders lived in Syria. They exported spices, gold, satins, etc far and wide. It so happened that the leading traders of this prosperous group made up their minds to go to Rome for business purposes. (141)

The roots of the European Union can be traced back to the early 1950’s when a small number of countries made a decision to join together as a way to resolve any potential conflict nurture economic growth and common values across the continent. There was a desire to promote common values and membership was opened to all European countries. Since the inception the number of members has grown from a founding six countries to what we now know as the modern day EU with a current total of 28 countries with a further 8 countries under application review. In 1992, what was then a group of twelve countries, joined together to form the Customs Community Code which was eventually introduced in January 1993. The code effectively merged the individual customs regulations in to a single customs union.

One of the most remarkable successes of the European Union is ensuring peace and stability is maintained in Europe and other parts of the world. Prior to the formation of the union, European nations experience disharmony related to both World War I and II. The first step towards peace building was the formation of European Coal and Steel Community. Since then, the union has formulated several peace policies with the aim of ensuring peace thrive amongst members and their associates.