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Classical liberalism
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=== Ottoman Empire === The [[Ottoman Empire]] had [[Economic liberalism|liberal]] free trade policies by the 18th century, with origins in [[capitulations of the Ottoman Empire]], dating back to the first commercial treaties signed with France in 1536 and taken further with [[Capitulation (treaty)|capitulations]] in 1673, in 1740 which lowered [[Duty (economics)|duties]] to only 3% for imports and exports and in 1790. Ottoman free trade policies were praised by British economists advocating free trade such as [[J. R. McCulloch]] in his ''Dictionary of Commerce'' (1834) but criticized by British politicians opposing free trade such as [[Prime Minister of the United Kingdom|Prime Minister]] [[Benjamin Disraeli]], who cited the Ottoman Empire as "an instance of the injury done by unrestrained competition" in the 1846 [[Corn Laws]] debate, arguing that it destroyed what had been "some of the finest manufactures of the world" in 1812.<ref>{{cite book |author=Paul Bairoch |url=https://www.scribd.com/document/193124153/Economics-and-World-History-Myths-and-Paradoxes-Paul-Bairoch |title=Economics and World History: Myths and Paradoxes |publisher=[[University of Chicago Press]] |year=1995 |pages=31β32 |author-link=Paul Bairoch |access-date=2017-08-16 |archive-url=https://web.archive.org/web/20171012060209/https://www.scribd.com/document/193124153/Economics-and-World-History-Myths-and-Paradoxes-Paul-Bairoch |archive-date=2017-10-12 |url-status=dead}}</ref>
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