What is gallion trade?

Answer 1

Galleon trade refers to the commercial exchange conducted using large, multi-decked sailing ships known as galleons, particularly during the 16th to 18th centuries. This trade was most famously exemplified by the Manila Galleons, which connected the Philippines with Mexico, facilitating the exchange of goods such as silver, spices, and silk. The galleon trade played a crucial role in the global economy, contributing to the rise of colonial powers and the establishment of trade networks across the Pacific.