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How did the Danish king's merchants cheat the people of Iceland?
Wiki User
∙ 11y ago
They secluded Iceland from all trade with other European countries. They paid as little as they possibly could to Icelanders and sold them items at outrageous prices.
Dealing with a foreign trader like a Dutch or a British one was a serious crime that carried serious consequences. Some of those were executions or being transported to a penal colony and stripped of all your land.
Wiki User
∙ 11y ago
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