This analysis of a crucial transformation in the history of world trade reveals how London and its surroundings grew during the eighteenth century to become the first true entrepot. The city developed a new kind of commercial structure sharply distinct from that of Holland and Amsterdam during the seventeenth century.

This analysis of a crucial transformation in the history of world trade reveals how London and its surroundings grew during the eighteenth century to become the first true entrepot. The city developed a new kind of commercial structure sharply distinct from that of Holland and Amsterdam during the seventeenth century.