Seaynevaeh1064 Seaynevaeh1064

13-09-2022
History

Answered

What was the ultimate goal that drove monarchs to colonize and to establish international trade routes?.

Answer :

tutorconsortium201 tutorconsortium201

15-09-2022

Monarchs wanted to acquire more money and power.

Why did kings have a monopoly on international trade?

Monarchs used mercantilism to plunder foreign colonies for as much riches as they could.

What effects did monopoly profits have on Spain?

Both domestically and in their American colonies, the Spanish enjoyed a monopoly on the tobacco trade.
They became extremely wealthy as a result of this, which accounted for around one-third of all revenues.

What was the monopoly in Spain?

The basis of the Spanish commercial monopoly was the selection of a single port, Cadiz, as the gateway for all trade into and out of the Caribbean.
Ships trading with the West Indies were only allowed to enter and exit from this port.

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