Originally published in 1969, this book discusses the growth of foreign trade between 1600 and 1775 which brought about a commercial revolution in England.English merchants developed the exchange of manufactured goods for primary products such as tobacco, sugar, cotton and silk.A notable feature of these years was the American orientation of English overseas trade.This expansion of commerce made a decisive contribution to national economic growth.Its implications for the economy as a whole and the process of industrialization are reviewed at length in the substantial introduction.