How Did George Washington's Foreign Policies Affect The Economy

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George Washington’s foreign policies helped boost the American economy. This is shown through Jay’s Treaty and Pinckney 's Treaty. During the time of Washington 's reign the French Revolution erupted between England and France. England began seizing American ships that were carrying goods to France. To solve this disturbance Washington sent John Jay to England to work out a treaty. Through Jay’s Treaty England gave America the “most favored nation” status, which meant that American merchants got a break on taxes on imported goods; “.. they shall pay no other higher duties or charges on the importation or exportation of the cargoes of the said vessels…(Phillips 146)” By having reduced trading costs Americans were able gain benefit because

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