Dutch Trade and Commerce and Their Impact on the Netherlands
Dutch Trade and Commerce and Their Impact on the Netherlands The Netherlands, a country located in the western part of Europe, is perhaps best known for its cheese, windmills, and tulips. But as much as the country is renowned for its tourist attractions and cultural landmarks, it is equally notable for its important influence in international trade and commerce. From the Dutch East India Company to the present day, the Netherlands has played a pivotal role in the commerce of Europe and beyond for centuries. Today, its contributions remain a source of both economic growth and international prestige. The Dutch presence in global commerce began as far back as the 16th century when the Dutch East India Company was formed. As the world’s first cooperative, the Dutch East India Company opened trade routes to multiple ports in the Far East, ultimately accounting for 40% of the world’s trade. The company had all of the elements necessary to conduct large-scale commerce such as a merchant ban...