Galleon Trade
Tornaviaje
(Spanish) Return Route
Products Exchanged in Galleon Trade
1. Chocolate 2. Maiz 3. Horses 4. Religious Items 5. Situado
Effects of Galleon trade
1. Cultural exchange and globalization 2. Chinese products (PH became transshipment post) 3. Neglected other trade partners (Indians and Arabs) 4. Limited PH Participation
Royal decree of Philip II effects
1. Limit galleons 2. Limit product worth 3. Boletas
Role of church in galleon trade
1. Strong proponent 2. Direct participation of MNL Archbishop
Galleon Limit
2 per year MX>PH and PH>MX
PH participation in galleon trade
Contruction of galleons
Junta de Repartimiento
Council that decided who got boletas
Route
Galleon Route/Urdaneta Passage
Nao de China
Galleon's original name
Person in charge of boletas
Governor General
What obras pias does with donations
Loans and collects interest
Product Limit
MX - 500,000 pesos worth PH - 250,000 pesos
Reason for Nao de China name
Most products came from China because those were monopolized by the Venetians at the time
Original limit of products and ships
None/Unlimited
Obras Pias
Office of the church that controls donations
Culture given by PH to MX
Sabong and Tuba
Who got boletas
Spanish government officials and church
Situado description and amount
Subsidy given by Mexico; 300k/year
Culture given by MX to PH
Tiangge; from Tianguizli