what was zollverein..?
Answers
☞What was zollverein..?
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➢ The Zollverein, the 1834 customs union between German states, was the first international trade agreement that created a unified customs area between independent sovereign nations, unifying customs areas across political borders rather than just within them.
➢ The Zollverein was important in strengthening Prussia and developing nationalism among the German states. In 1818, a custom union was established by Prussia. It abolished all tariff barriers within Prussian territory. Only a 10% tax on foreign goods was imposed.
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Answer:
The Zollverein, or German Customs Union, was a coalition of German states formed to manage tariffs and economic policies within their territories. Organized by the 1833 Zollverein treaties, it formally started on 1 January 1834.