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The size of your dreams must always exceed your current capacity to achieve them. If your dreams do not scare you, they are not big enough. History of Trade basic principles Trade among European and African precolonial nations developed relatively recently in the economic history of the African continent. Prior to the European voyages of exploration in the fifteenth century, African rulers and merchants had established trade links with the Mediterranean world, western Asia, and the Indian Ocean region. Within the continent itself, local exchanges among adjacent peoples fit into a greater framework of long-range trade.The merchants from Britain, France, Portugal , and the Netherlands who began trading along the Atlantic coast of Africa therefore encountered a well-established trading population regulated by savvy and experienced local rulers. European companies quickly developed mercantile ties with these indigenous powers an...