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1984

University of Richmond

Industry development

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Virginia—Major Force In World Trade, R. Clifton Poole Jan 1984

Virginia—Major Force In World Trade, R. Clifton Poole

Robins School of Business White Paper Series, 1980-2022

The importance of world trade has long been recognized in the Commonwealth of Virginia (VA). Indeed, one of the major reasons for establishing the original colony at Jamestown was to provide a base from which the New World "treasures" could be shipped to the mother country—England. As a result, since colonial days VA has been one of the world's major exporters of tobacco. Even today the volume of VA's tobacco exports is second only to her exports of bituminous coal.

This world trade orientation so deeply imprinted in the thinking of the early leaders of the infant colony still prevails …