Estimates of “Invisible” Earnings in the Balance of Payments of the British North American Colonies, 1768–1772

摘要: There is widespread agreement among historians of the colonial period, as there was contemporary observers, that a significant deficit existed in American colonies' balance trade with Great Britain. That large did exist late period shown by estimates commodity given Table 1 for 1768 through 1772 (for which statistics all legal overseas “American Inspector-General's Ledgers†). It clear from overall British Isles due mainly to deficits incurred New England and middle colonies. Similarly, it appears on average this five-year southern colonies, well, deficit—although small one—in their