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TRADING SYSTEM
Hey, why don't we trade our products to foreign countries?
Sure, let's introduce to them our supplies to increase our demand.
PHILIPPINES TO OTHER COUNTRIES
You can not send your trade your products to other countries but you may trade them to Spain
PHILIPPINES TO SPAIN
Trading System in the Philippines during the 19th Century
SPAIN TO OTHER COUNTRIES
Filipinos can't trade their products to other countries because they are controlled or monopolized by the Spaniards, especially friars.
ADVANTAGE FOR THE ROYAL FAMILY
They can only trade and export their products to Spain.
DISADVANTAGE FOR THE FILIPINOS
Spain would sell the goods from the Philippines at a substantial mark-up
Spaniards would reap the profit that would give the royal family the advantage and benefits they earned from the supplies.
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