Ulrike Hotopp, the director of LIVE Economics, holds a PhD in international economics. One of her areas of expertise is international trade.
The humble tulip earned a reputation in international trade circles after the price spike early in 1637 caused by increasing demand for tulips. A particularly rare tulip allegedly cost as much as a small house in Amsterdam. However, the mania didn’t last long. Prices collapsed in February leaving many investors bankrupt.
The development of new trade links has been of interest and will help in the current Brexit debate. This article will be of interest.