History of French-era Tunisia which France approached, traded with and financed, invaded, and then administered Tunisia. It will be seen that modern French politics not only guided the direction of the French colonial venture, but also informed indirectly and in combination with traditions the politics of their clients, the Tunisian people and their leadership. France was not unfamiliar with rule over foreign lands, i.e., two distinct phases of expansion outside Europe, and one within: the 16th–18th century ventures in North America and in India, which lands were lost by the monarchy in 1763 prior to the French Revolution; the Napoleonic conquests over most of
Global silver trade from the 16th to 18th centuries with baochao or paper money. However, the currency never popularized and silver proved its mainstay as a global currency. Despite some restrictions, silver continued to drive trade through its popularity in Europe. This, combined with a high British demand for Chinese tea, created chronic trade deficits for European governments, which were forced to risk silver deficits to supply merchants in Asia. As supplies of silver decreased in Europe, Europeans had less ability to purchase highly coveted Chinese goods. Merchants were no longer able to sustain the China trade through profits made by selling Chinese goods in the West and were