<span>The colonies often could get better prices on finished goods from other nations than Britain.
All colonies
Spanish</span>
Glasnost
It was started by the leader of the former Soviet Untion, Mikhail Gorbachev, beginning in 1985 and as the policy (or practice) of a more open government and more sharing of information.
Well, after the ending of American Civil War it mean that a lot of cotton exports from America were available once more. There was also a competition in the global market, to supply cotton and that's why it helped keep down the price after 1865