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What goods made Chinese trade markets so valuable to foreign traders?
Wiki User
∙ 11y ago
Silk and Tea.
Wiki User
∙ 11y ago
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Do traders often traveled in caravans to take their goods to markets?
true
Who participates in the foreign currency exchange markets?
Banks and other financial organizations are the largest participants in the foreign exchange markets. They can earn profits or losses by buying world currencies and selling them to customers or to other banks. This of course brings to mind the often said words of "buy low and sell high". Another group of participants are brokers and dealers who buy and sell currencies for their own accounts and are sources of these currencies for other participants in the currency markets. Another group of traders are large companies that buy and sell products as part of their regular businesses. Such companies can establish their own trading desks and avoid using the resources of other traders, saving costs on commissions. Central banks, usually on behalf of their governments, will buy and sell currencies. Their purpose is to influence the market for their own currencies or to influence the prices of other currencies.
What caused Chinese require payment in gold and silver?
The Portuguese wanted to buy silk and porcelain from the Chinese. However, the Europeans' textiles and worked metals were not as well made as those of the Chinese. Because of this, the Chinese forced traders to pay in gold and silver.
Do traders often in caravans to take their goods to markets?
true
What is the goal of mercantilism?
Mercantilism is, in basic terms, trade within an empire, meaning no importing or exporting from foreign providers. The goal of such a system would be self-growth of the traders/companies within the empire.
Which of the was not among the items found in China that became valuable to foreign traders?
Pepper
Which was not among the items found in china that became valuable to the foreign traders?
Pepper
How did China become more open to foreign?
Group of traders traveled over the Silk Roads. Traders carried silk, ceramics, tea, and other goods to Western markets. Traders returned with new foods, plants, and minerals. Increased trade led to more Chinese contact with people from other countries. People from Arabia, Persia, and India visited.
What items found in China became valuable to foreign traders?
Various spices. Ginger was among one of them. Back then, spices were rare and sold for a fair bit. It was easy to trade, so it was seen as valuable.
Where can one find some CFD traders online?
You can find some CFD traders by doing a search on Google. The main 4 CFD traders I have come up with are: Markets, Intertrader, UFX Markets and Plus500
What is a Forex directory used for?
This is a directory that assists traders in earning better returns. It increases awarness of foreign markets as well. It may also show patterns used by analysts.
Which mode of transport are using by traders in the market and why?
land transport is used by the traders because markets are on the land.
Who were the first foreign traders in the Philippines?
The First traders where Vietnam,China India and Indonesia
Do traders often traveled in caravans to take their goods to markets?
true
What is the role of the foreign traders in the development of art in the Philippines?
Influence and the creation of opportunities for the art experts is the main role of the foreign traders in the development of art.
How did the Tokugawa shoguns react toward foreign traders?
The Tokugawa Shoguns allowed trade with foreign traders and made large profits for themselves while doing so. They also allowed trading to take place in the Tsushima and Satsuma domains.
