medieval-atlas/economic-development/251
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Overseas trade: the Middle Ages to the sixteenth century Rapid expansion of the wool trade had played a vital part in the economic revolution ofthe twelfth and thirteenth centuries. Even after the introduction ofduty on many other commodities, the duty on wool continued to account for over two-thirds of customs receipts until the late fifteenth century -this despite a worsening slump in wool exports from the end of the fourteenth century onwards. But the wool trade was increasingly concentrated upon Edinburgh, to the detriment ofthe other Scottish burghs. Edinburgh accounted for 70 % of wool exports by the 1470s and 90 % by the 1530s. The market for Scottish wool was in Flanders and northern dl1ibI4 2Transcribers who have contributed to this page.
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Aberdeenshire County, Angus County, Argyll County, Ayrshire County, Banffshire County, Berwickshire County, Buteshire County, Caithness County, Clackmannanshire County, Cromarty County, Dumfriesshire County, Dunbartonshire County, East Lothian County, Fife County, Inverness-shire County, Kincardineshire County, Kinross-shire County, Kirkcudbrightshire County, Lanarkshire County, Midlothian County, Morayshire County, Nairnshire County, Orkney County, Peeblesshire County, Perthshire County, Renfrewshire County, Ross County, Ross And Cromarty County, Roxburghshire County, Selkirkshire County, Shetland County, Stirlingshire County, Sutherland County, West Lothian County, Wigtownshire County