skippythewalrus2 skippythewalrus2

14-10-2022
History

Answered

Which of the following are accurate statements regarding the importance of New World silver for Spanish trade with East Asia? Select all that apply.

The Chinese would trade for any item, but the Spanish knew that silver was more valuable and took up less space than bulky European goods on its Manila-bound galleons.

Chinese merchants had little interest in European goods, but would willingly trade their products for silver.

The Chinese were not interested in silver, but in the Philippines, where the Spanish base was located, only silver was accepted as rent.

The Chinese wanted Spanish silver because it was of higher quality than silver offered by other European nations.

Answer :

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