Corraile is a member of the Alliance of Independent Nations, an observer state of the European Defence Alliance and a member of NATO , although it is highly criticised by other NATO members for its passive membership.
Corraile was founded as a separate colony from Canada in 1803, when it had officially become a part of the British Empire , after its cessation from the colonies of New France. The first major settlement, Duvail , became an important North American trading post for British War and Merchant Fleets. It was a point of departure for all war exports to Great Britain during both the First and Second World War. Under the British, Corraile was developed as a centre for North American-European entrepot trade , as well as an agricultural hub to support Britain's food supply. After independence in 1970, Corraile shifted from an agriculturally-based economy to that of an industrialised one, resulting in sharp increases in GDP and national wealth.
Also see Republic of Lanaya (1701-2010) Corraile was initially founded as L'ile a l'ouest, literally meaning The Island to the West. The original permanent residents of the island were French colonists, which, under the rule of New France, had been obliged to spread the culture and language of France overseas.
In 1803, when the rest of New France had been sold to the British , Corraile was originally slated to become part of Lower Canada. However, local French resident Jacques Le'avignon declared the independence of the island, which had been renamed to Corique Island. The British saw this as illegal and a means of revolt against the British monarchy. Therefore, in 1805, King George III ordered the attack on Duvail and Corique. The settlement survived a mere 7 days before British ships and troops managed to retake Duvail. Subsequently, Le'avignon was sentenced to death by hanging and a new British resident, John Stewart, took control of the fledging colony.
From 1830-1890, Corraile (as it had been renamed) saw a huge influx in immigrants from both Ireland and the United Kingdom . The large amount of fertile land present on the island made it attractive for Irish Farmers, which had been displaced by the Potato Famine in Ireland . As a result, agricultural produce within this period grew exponentially, as a favourable climate, increased farming activities and increased capital worked to increase crop yield. This large base of food produce would later aid Great Britain through the stresses of war during World War I.
In the 1920s, Agriculture and other primary industries, such as mining and logging, had overtaken entrepot trade as the primary driver of the local economy. Fruit farming had actually become so important that between 1924 and 1928, the Atlantic Dollar , the currency Corraile used then, had been pegged to the price of apples. Therefore, Corraile was not so adversely affected by the Great Depression of 1929 , as agriculture had provided a form of autarky to the region.
During WWII , Corraile contributed a small fighting force on the side of the allies. In 1943, the RBCA (Royal British Corraile Army) was mobilised to frontline duty in Southwest England. They fought alongside the Canadian and British forces that landed on Juno Beach on D-Day. The force of about 7,000 continued to support the British until VE-Day, when Germany surrendered to the allies.
In 1953, a new constitution, the Yardman Constitution, came into effect. This turned Corraile into a protectorate of the British, and gave Corraile autonomy in social and economic issues. Also, the Territory of Stanraer Island and the State of Fairman Island were unified under the new government, which was centred in Highvale.
From 1953, the country prospered due to an influx of European and American investment. Consumer electronics such as radios and televisions were from then manufactured in Corraile, where labour costs were significantly cheaper than in America and it was close enough for cheaper shipping costs.
After Independence in 1970, the "Pioneer Government", led by President Darren McGhurry (1919-2010) continued to speed up the process of industrialisation to other, more rural areas as well as to established industrial bases in the major cities of Centreburg, Highvale, Colganston and Freedo . GDP rose significantly during this period, the standard of living rose dramatically as well and it became known as the "Sprinter of America ".
In January 2010, Corraile joined the Alliance of Independent Nations, and later in the year, controversially merged the Republic of Lanaya into the Federal Republic of Corraile, as it had become known after the adoption of the Hunterberg Consititution .
Corraile has a highly-developed and diversified capitalist economy that rivals that of neighbours Canada and the United States, despite having been independent from Britain for 40 years. Massive tax holidays and the availability of cheaper skilled workers made Corraile an attractive place for foreign multinational corporations (MNCs) to invest in. Today, 34% of the economy is dependent on industry, compared to just 4.9% in 1970. Corraile's currency is the Corraile Dollar (CR$), which was adpoted in 1953 as the replacement to the Atlantic Dollar. As of 2010, the Corraile Dollar is pegged at USD0.98.
Corraile has been noted for its favourable location in the middle of North Atlantic trade routes. As a result, Corraile has one of the busiest sea and airports in North America. Its current business tax rates are also one of the lowest in the Western Hemisphere.
Corraile is an attractive tourist destination, with a total of 8,910,033 entries into the country. Majority of these visitors arrive in the main island of Corraile, through Centreburg's Gateway International Airport