The Relationship Between European Rulers

During the medieval period, there became agreements of peace between rulers who traded with foreign lands because of the vast area of trade networks that conspired during the era. The development of the hansa, which was the area of thriving trade centers, allowed multiple arrangements to be considered between rulers and traders that posed prosperity for both parties. With such arrangements occurring there came to be respect out of both parties for the other so that each could obtain what they sought for. There also became privileges available to the private traders such as royal protection of their house and freedom from certain tolls throughout England. Therefore, the traders would hold loyal to the ruler who allowed them such royal privileges. …show more content…
The commercial relationship between European rulers and private trading associations during the medieval period was an arrangement where each party benefited the other greatly enough to obtain privileges that caused the alliance to stay in