Explain the aim to form ‘Zollverein’, a Customs Union, in 1834 in
Germany.
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The aim to form Zollverein (Custom Union) in 1834 in Germany was to bind Germany economically into a nation. ... It took initiative to unite Germany economically in 1834 by giving idea of Zollverein. The Zollverein abolished tariff barriers and reduced the number of currencies from over 30 to 2.
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The aim to form ‘Zollverein’, a Customs Union, in 1834 in Germany
Explanation:
- The Zollverein was a customs union formed in 1834 at the initiative of Prussia.
- The union abolished tariff barriers and internal customs duties and was ready to establish free trade with neighboring states.
- It reduced the number of currencies from thirty-two to two.
- Largely of the German nations united the Zollverein.
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