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Why did European merchants generally trade gold and silver for Chinese goods in ming china rather than manufactured goods of their own?
European manufactured goods were generally of lower quality than Chinese goods.
Why did European merchants generally trade gold and silver for Chinese goods in ming china rather than trade manufactured goods of their own?
European manufactured goods were generally of lower quality than Chinese goods.
How does Mexico answer the three economic questions?
What goods and services should be produced - export goods, as Mexico has an export-oriented economy. How should the goods and services be produced - Using foreign investment whenever possible; for internal consumption internal investment can be used. For whom should the goods and services be produced - international markets.
Why countries export goods?
countries export goods so they can pay for what they imported
What goods made Chinese trade markets so valuable to foreign traders?
Silk and Tea.
Chinese merchants traded luxury goods for?
Luxury good were traded by Chinese merchants for Spices, Teas, and Porcelain goods.
What did foreign merchants bring to Aksum?
the foreign merchants brang new idea's and beliefs,along with trade goods.
What is right of deposit?
its where merchants are allowed to deposit their goods for export so it is basically a storage center for merchants until they send their goods off to sea
What Chinese goods were sought by European traders?
In earlier times, the biggest Chinese export was silk.
Why did European merchants generally trade gold and silver for Chinese goods in ming china rather than manufactured goods of their own?
European manufactured goods were generally of lower quality than Chinese goods.
Why did the European merchants generally trade gold an silver for Chinese goods in Ming dynasty rather than trade manufactured goods of their own?
European manufactured goods were generally of lower quality than Chinese goods.
Why did European merchants generally trade gold and silver for Chinese goods in ming china rather than trade manufactured goods of their own?
European manufactured goods were generally of lower quality than Chinese goods.
How did kublai help china?
Kublai Khan helped China with the rebuilding of the Great Canal. He helped foreign trade increase with Chinese goods such as silk and porcelain and welcomed merchants from other countries to China .
How did Kublai Khan help China?
Kublai Khan helped China with the rebuilding of the Great Canal. He helped foreign trade increase with Chinese goods such as silk and porcelain and welcomed merchants from other countries to China .
What is domestic export?
Export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing.
What did England export as their portion of the triangular trade?
Merchants carried rum and other goods from the New England colonies to Africa. Hope this heed
What Chinese dynasty's used the silk road?
Arab merchants used the Silk Road to bring Chinese goods to European buyers in the Middle East.
